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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Egolpi who wrote (88)7/27/1998 9:12:00 PM
From: Michael Graham  Read Replies (1) of 1640
 
Yes I understand that. I just find it a little ironic, that's all.

Here's a thought. Last week there were about 2 million (aprox) shares traded. What if those shares were bought to hold for a while. Then if the float is really around 4.4 million, then the float could have been reduced by about half. Therefore, any new shares bought would be from a significantly reduced supply of shares. Supply and demand would dictate that the price would go up.

Just daydreaming.

Mike
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