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Author Topic: KITD Kit Digtal Inc.
a surfer
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http://stockcharts.com/freecharts/gallery.html?kitd

They just upped guidance big time to EPS of $1.45 this year and over 38% of the float is caught short. Prime takeover target according to most of the analysts and all 8 of them rate KITD as a buy. She'll squeeze hard at some point.


The shorts actually increased their short positions as of 1/13/12.

Now there are 17.5m shares short and 9m were bought at about $10 or less.

They are taking on water BIG time. As we inch closer to February and this stock begins to run we will have a great short squeeze situation, imo.

I can not wait for this to play out. I was thinking $16 by earnings, but with that many needing to be bought back, it may power higher.


NOTE: click short position link.
http://www.nasdaq.com/symbol/kitd/short-interest


It is quite possible that this float could get locked quite quickly as investors see this obvious squeeze play unfolding.

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Should be a nice day...
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up over 3.5% to 11.30!!!
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http://stockcharts.com/freecharts/gallery.html?kitd

$11.65

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$12.58

http://stockcharts.com/freecharts/gallery.html?kitd

Real pretty... Watch out $17.32

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BooDog
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nice going Surf

--------------------
All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7754 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
   

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