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World Kinect Corporation V.INT


Primary Symbol: WKC

World Kinect Corporation is a global energy management company. The Company is engaged in offering fulfillment and related services across the aviation, marine, and land-based transportation sectors. It also supplies natural gas and power in the United States and Europe along with a suite of other sustainability-related products and services. Its segments include Aviation, Land and Marine. Its Aviation segment provides aviation-related service offerings, which include fuel management, price risk management, ground handling, 24/7 global dispatch services, and trip planning services, including flight planning and scheduling, weather reports and overflight permits. Its Land segment offers fuel, lubricants, heating oil, and related products and services to commercial, industrial, residential and government customers, as well as retail petroleum operators. Its Marine segment markets fuel, lubricants, and related products and services to a base of marine customers.


NYSE:WKC - Post by User

Bullboard Posts
Comment by tradethechartson Sep 12, 2012 7:48am
147 Views
Post# 20350987

RE: How to play nice.

RE: How to play nice.

When I first started trading my mentor at the time told me "if you want to know why a stock is going up or down read the paper in a couple of months".  This gem of wisdom has guided me in a relatively successful experience of small time short to mid term trading.  Due dilligence is all well but we need to be aware that we are not in the loop as small time players, so we get the information well after those in the loop.  To take the case of PYN - even though good news was coming out those in the know were aware that the company was under financial pressure.  If we traded on the good news then we would have been in trouble.

I played around with INT back in March for a couple of small losses but clearly the sellers were in control so I got out.

We need to use the forums to consider viewpoints that may conflict with ours, not the ones that support them.  If we don't have confidence in our trading strategies then we should not be using them, rather than looking for others to support us.  What we should be doing is looking for things that we may have overlooked.

With INT there is a clear base at somewhere around 0.07 so this suggests there is the possibility for further fall.  Until the stock starts to show strength, we are gambling by taking a long position here.  I'm happy to keep watching it as if it does move there is not a whole lot of resistance for quite some way but I'd have to be convinced of the probability before I bought in.

Bullboard Posts