Reason for Halt: Pending News


This can mean either news from the company or news from the exchange. I expect it to be a company requested halt but the timing is odd being mid-trading but of course this does happen. If it were company news and it was good we would know about it by now - or at least get some credible speculation. Even IR at KRY are denying any knowledge.
...were there truly bad news on the way, the stock price would have been decimated...



Have you looked at the chart!!! Over 6 months, since the last PP (70,000,000 shares at 50 cents) we are down over 50% - that's decimation in my book. But the key is that Marshall said in mid-Jan that KRY had about two weeks to find out if VZ was serious about the CRRC deal. Over the last two weeks the price has fallen nearly 25% with no let up, setting new 52 week lows on successive days. OK so the trend isn't always right but ALL the evidence points to this being at best neutral news. There is absolutely nothing to suggest positive news. If this halt had come at any time during Q4 2010 then it would almost certainly have been good news. No-one can say that bad news now has not been foreshadowed - even the agora posts have been more negative than ever in KRY's history over the last 6 months and especially over the last 6 weeks.