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World Kinect Corp 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
Post by tradeadayon May 17, 2011 5:26pm
428 Views
Post# 18590392

Chart observations

Chart observations
Pull up a chart of INT.V, and plot the 20 day MA on it (currently at 1.43).  Now take a look at where the shareprice went after it closed above the 20 day MA, both times, within the last 5 months...that's right first time went to .96 and the second time it went to 3.35

Any wonder these MM idiots are trying to keep the lid on it and not allowing it to close above 1.43?  Either they are not done accumulating, or the shorts are getting scared and trying to cap it below the 20 day MA as long as they can.

I think we all know where this is headed, just based on the chart.  The fundamentals of course are going to take this to the next level very shortly.
Bullboard Posts