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Pastimes : Home on the range where the buffalo roam
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To: freeus who wrote (1588)6/8/2001 8:12:23 AM
From: im a survivor  Read Replies (1) of 13815
 
I would be very hesitant to be long or short KKD right now.....could double or get cut in half in a blink.......I'd wait until it finds a base...if the base is higher, so be it.....peace of mind is worth it......as I said....KKD could double or get cut in half....splits are not taken like they used to...it used to be everybody loved a split because normally the stock rose after a split and you had double the shares...same thing might happen with KKD, but keep in mind what most split stocks have done the last two years.....gone down....people love having double when the stock goes up, but with stock going down, folks are scared because they will have double the shares.......I found in doing some research that 90% odf stocks that split in the last two years, went down, not up in short to medium term after split.

KKD is a las vegas crapshoot...long or short at this level.

Best,

Keith
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