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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value

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To: RavenCrazy who wrote (461)9/22/1998 12:17:00 PM
From: Redhook  Read Replies (3) of 1640
 
There hasn't been any pump and dump on this stock. Has anyone seen a significant rise in price? NO Has anyone seen a huge selloff? NO There was a day last week when the volume was higher than we have been seeing recently, but I believe it was due to some accumulation. I for one picked up a bunch that day as well as a few other long term holders. Anyone expecting $1 overnight is in the wrong stock. Those who hold shares are waiting for:
1. 10Q
2. KI IPO
3. Potomac acquisition
We may see $1, but it won't be until the above has occurred. JMO

Wait and Accumulate
Redhook
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