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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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According to the "news" link for Koala, the earnings report is due out by 8/9/01.
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Yes, the company will report earnings on the morning of 8/9/01 -- followed by a lunchtime conference call to cover the report.

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My notes from the Q1 conference call indicate that the company predicted revenues of $18 million to $19 million for Q2 and EPS of $0.22.

http://boards.fool.com/Message.asp?mid=14947470

Slee
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