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Stocks K / Koala Corporation


Subject:  Rise in Koala Kare Date:  7/20/2001  5:28 PM
Author:  librarynerd Number:  187 of 197

I'm curious if anybody else has noticed the recent rise (~20% in the last week or two)in Koala Kare's stock and if they have a theory on why it is happening.

Personally, I noticed that some other web sites were listing today (Friday, July 20) as the day for an earnings announcement for the company, although other sites had it listed for August. My theory is that people are trying to snap up the stock before (they expect) a positive surprise earning report.

While I have not investigated which earnings date is correct (since I don't try to time the market that closely), this may go down as a lesson in checking your data before purchasing stocks.

Any thoughts out there?
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