Friday, March 14, 2008

Kintera Disappoints.

So I was wrong. Nothing interesting happened with the Kintera news conference. Nevermind...

2 comments:

Steve Hopkins said...

I agree - I think you're on to something & we may hear about as late as Monday or perhaps in the next few weeks provided mgmt doesn't announce a corporate buyback which will no doubt drive up share price (could be a win if someone were to buy at .89 cents - someone just bought 700 shares). Either way, they're penny stock. Stay tuned, I believe the best is yet to come! They've got some explaining to do either way considering the cash position and creditors may not allow a buyback! Private buyback isn't too far removed as a logical play.

Steve Hopkins said...

FINAL FINAL - Kintera published their 10-K yesterday that's a tremendous trove of intelligence but no reference to buyouts, etc. Stock is sadly trading at a stout 65 cents as of 10:35 after the street had a day to digest yesterday's 10-K filing which has some obvious smoke and mirrors. So, they remain penny stock and they will no doubt be removed from the big board provided the proverbial "Kintera Sphere" doesn't go into hyper drive and save the day! Later from SoCal where the marine layer has us socked this Wednesday morning!