KASTEN CHASE APPLIED RESEARCH. Message Board

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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: robin hood who wrote (1005)	9/24/1999 10:14:00 AM
From: Mike Hilliard	Read Replies (2) of 1247

.40?!?!?! Man....this stock hasn't seen .40 in years. If KCA gets that low it can only be bad. Not a buying opportunity, just bad. At .40 levels I would think that everyone has given up and jumped ship. Everyone overboard if you know what I mean. To invest at the .40 level is pretty risky i think. Sure a quick jump back to .60 is a %50 return, but will it be able to go that high again if it touches .40?? Even with the NY news pending, and Q3 coming (which will be dismal again..what else is new??) you really have to think about buying at .40. Only the die-hards will be looking at it then, and those looking for a lucky quick gain. If you do buy at .40, i would think that getting out at the .60 level might be an option.

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