How does a company (KING) with excellent financials fall flat on their Initial Public Offering...Very simple...Have 75% of their income from one Very Popular phone application, some High Brow speculators and analyst have declared them a One Trick Pony, however, when that one trick produces 1.88 billion in income for fiscal year 2013...Id like to hang around and see what trick number two is...Oh wait, Farm Hero Saga, and three Pet Rescue Saga. The fact that these Jackasses have manage to bread out their ability to recognize performance, makes for a good buy and hold at least until next year when their financials show performance, and they realize that the stock is under-valued...RULE number 1...Their is NO SUBSTITUTE for PERFORMANCE !!! Have a nice day :-)
Posted on: Wed, 26 Mar 2014 21:56:12 +0000
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