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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: james d. hargrave who wrote (137)9/25/1997 4:04:00 PM
From: wfrazee   of 876
 
Bought 5K more today at 3/16. Figure if it goes back up, even a little bit, I can recover some loss. Still longggg on this one but has substantial amount of risk. My biggest fear is delisting. Even a 1 for 10 reverse split at this point won't make this a $1 stock.

As far as food stocks go, check out GALAXY Foods (GALX). Go to their web site and look at the monthly investor report. Sounds exciting. New customers (Kroger and Wal-Mart). This company really appears to have turned the corner. With the CEO holding 48% of the stock, he can't afford for it to fail. He's still paying for 18M shares @ 7% interest.
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