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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: wfrazee who wrote (315)11/9/1997 9:10:00 PM
From: ChrisJP   of 876
 
I only saw 3 sales. The prez sold 800K for $0. What's that all about ? If they were rounding down to the nearest $, then maybe he sold at 3/16 or 1/4 to raise some cash. Hmmm didn't I see a settlement of $150K somewhere recently ? How many millions of shares do you think he owns ? If he sold in mid Sept, then he was a smart guy, because he can pick those same shares back up at 1/2 price. That's a hundred grand difference !

The others, not very many shares sold.

Maybe we'll know what to think this week. We still haven't heard Frank's take on the SEC filings.
Chris
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