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Monday, January 4, 2010

Melina Kennedy Issues Stock As She Plans to Unseat Mayor

WHAT WE ARE HEARING: As the second candidate to launch a campaign to unseat Ballard in 2011, Melina Kennedy (MKEN) . She comes into the race with high name recognition and an endorsement from her former boss Mayor Peterson, former Democrat sage Congressman Andy Jacobs Jr and a few unions.  From our perspective it looks like it will be a battle for the powerbrokers andwe're still not sure who will garner the blue collar, rank and file Democrats. Perhaps that may leave space for yet another candidate. We guess only time will tell.


UP:  MKEN $120, GBAL $140

DOWN:  $100 BWMS,  $95 ETRY 

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