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Monday, June 10, 2013

KS


KS is on the earnings list, and not long ago was popping up on the price relative scan several times, but I did not see this until nearly the end of the day, and wondered how I could miss it.  It turns out that this is due to an acquisition they are making , which was not announced until about mid way through the trading day. The entire move took about half an hour, so had I noticed it early I would have been able to catch it, but I didn't see it until it was pretty much over. I don't think there is any way you can (legally) anticipate these things, so I guess it's more a matter of being at the right place at the right time. I wasn't.

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