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Saturday, December 22, 2012 8:40:31 PM
Since the S-1 application, the game had moved to another court, not KATX as we see now.
When dust are settled with S-1 and all IOU shares, ask the question later again.
The Naked shares had changed the whole nature of the company as we know,
and the walking down of the pps caused lots of confusion throughout the last many many months.
That's why SEC is having a ship-load of investigations into wrong-doings by many mm and crooks.
Not that we can expect at times.
Just not the same any more.
KATX was naked-short beyond recognition.
•Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
•Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.
Warren Buffett
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