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

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To: Rose Rose who wrote (46)5/20/1998 1:16:00 PM
From: GC   of 1640
 
Hi Rose,

I was a shareholder but sold my position mainly because the company seems to think it's growth will mostly come from outside US.
I also became a associate to get an inside feel but ended that relationship too. The reason for selling the stock was simple. I bought recently at .42 average and sold for a small loss(.38). It just wasn't acting right and I hate getting creamed, even if it's only short term. Long term, the stock could be a big winner but with the China direct marketing situation, the domestic situation, and the Far East situation in general, I lost my strong feeling on the company. And I only buy a stock when I have a strong conviction it's going much higher. As soon as I start wondering, I get out. Sometimes it's a mistake but overall it has worked for me.

The reason I ended my associate relationship is that, although the products are good quality, I don't plan on using them and wouldn't waste my time trying to sell to friends and family.

Gary
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