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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 tradethechartson Feb 28, 2012 8:56am
346 Views
Post# 19596378

Purely technicals

Purely technicals

I'm into this stock based on pure technicals.  I didn't know what they did when I bought them nor do I care as long as the chart looks good. Note how all sp increases in the past few months have been on increased volume.  Note also how the price hit 0.91 on Feb 06 (close to Feb 2011 and June 2011 spike highs) and then retraced on dec volume.

Based on the chart then, it look like if it does go up then I expect resistance at 1.30 (ssuming the announcement doesn't cause a huge gap).

Now if the ann. is negative - well we take the losses and keep as much of our cash as we can.

On some exchanges trading halts such as this are a matter of life  Its little use pontificating, we just wait till it happens and then we decide what to do.

Bullboard Posts