Monday, June 17, 2013

Geeknet (GKNT) Wants To Buy GKNT Shares

Geeknet (GKNT) is one of the most important investments in GDT::Portfolio. Today (02013.06.17), Geeknet posted the following press release: Geeknet, Inc. Commences Self Tender Offer to Purchase up to 400,000 Shares. Geeknet believes GKNT shares are a good buy and the company has cash to buy shares. $12 - $14 is Geeknet's buy price interval.

GKNT closed yesterday (02013.06.16) at $13.00. This morning GKNT spiked to $14.04 on the news.

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