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Knowledge is King

01/05/08 12:48 PM

#91564 RE: MikeDDKing #91563

I'd be very wary of CKGT...

doesn't anyone remember the '06Q4 bombshell detailed in this post?!

http://investorshub.advfn.com/boards/read_msg.asp?Message_id=18432389&txt2find=ckgt

The stock was justifiably cut in half the same day...and I was sitting on a boatload, grrrrr.

Who knows what surprise awaits CKGT stockholders when '07Q4 is reported...

John Bates

01/05/08 6:18 PM

#91578 RE: MikeDDKing #91563


CKGT- I have an Ok position here (a bit less than 1%), but it's mostly because I'm stuck in it, not that I like it. The .04 EPS sounds great, but I think one has to consider the liquidity issue. A person might be able to get 5K out on a significant pop if they're the first ones to push the button. Selling 50K is darned near impossible without dropping the price 25%. If it's really a good stock, the people who buy it from us aught to be able to make money, or at least get out even. It could eventually become that kind of stock, but I don't think it's there yet.