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Enter Symbol:
KIT digital, Inc. (KITDQ) [hlAlert]

down 99.97 %

KIT DIGITAL INC (KITD) rated Buy with price target $17 by Maxim Group

Posted on: Friday,  Dec 18, 2009  8:25 AM ET by Maxim Group

Maxim Group rated Buy KIT digital, Inc. (OTCBB: KITDQ) on 12/18/2009, when the stock price was $10.53. Since
then, KIT digital, Inc. has lost 99.98% as of 08/15/2013's recent price of $0.00.
If you would have followed this Maxim Group's recommendation on KITDQ, you would have lost 99.97% of your investment in 1336 days.

KIT digital, Inc. (KIT Digital), through its subsidiaries, is engaged in the business of providing Internet software products and solutions that enable its customers to distribute video content through Internet Websites and mobile devices. Its core activities include online video player deployment, ingestion and transcoding video content for Internet and mobile devices, Internet protocol television (IPTV) set-top box development, IPTV recording and editing suite deployment, video content localization and syndication, digital rights management, hosting, storage and content delivery. To support IPTV enablement, KIT Digital provides systems integration and integrated marketing solutions, including services, media planning and buying, design services, brand and retail advertising, and data management and analytics. On August 31, 2008, it acquired Morpheum Internet Services Pty. Ltd. On October 5, 2008, through its wholly owned subsidiary, KIT digital FZ-LLC, it acquired Visual Connection.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2009 8:25 AM Buy
10.53 17.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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