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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 biren1on Apr 11, 2013 10:57am
141 Views
Post# 21241479

RE: RE: RE: RE: RE: RE: RE: "why would you be so u

RE: RE: RE: RE: RE: RE: RE: "why would you be so u

trading volume is pretty high with selling continuing as stock price continues to drop (now at 6.5 cents)

company continues to dilute the shares with pp's and debentures

fluff news releases continue to come

no revenues to be heard from at all

spinoff plans delayed, with now investors being told we will get to vote on a plan of action rather then company just implementing one like last year

Hmm, you can put any positive spin you like, but at the end of the day, company has not lived up to any of their promises, statements, or timelines they gave at the agm last fall, or for the past year and a half for that matter

As a result, the stock is what it is. For me, still keeping a  small portion of my shares just sort of like a lottery ticket in case a rabbit can be found in their hat. If we can ever see any news in regards to revenues of something even remotely substantial, i like other investors will be back to buy. But otherwise even for daytrading, this stock seems like a lost cause at the moment. No money to be made here right now. Better to invest in other plays like oil, ng, or bb for quicker daytrading and longer term gains.

GLTA

 

Bullboard Posts