Shares were trading at a serious premium to private market value of the cottage industry and large correction was inevitable. Noticed KPG gained some serious traction in the small cap community (YouTube, Twitter etc) and I think everyone worked themselves into a frenzy and forgot about valuation. Seems as though the rose coloured glasses have come off. By my calculations buybacks we’re too high previously interested to see what happens this time. I’m a buyer if it gets to the right price.
KPG Price at posting:
$3.55 Sentiment: None Disclosure: Not Held
