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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Harold Feller who wrote (333)11/12/1997 10:58:00 PM
From: Richard Rose  Read Replies (1) of 876
 
off topic

Harold and all

If you want to look at cheapo with limited downside - IMO - take a look at RPAPF. It's a large Canadian paper producer with a huge float.

This a been a favorite day - or couple day - trade of mine for the past 6 months from around 5/32 - 7/32.

It traded quite a few shares at 1/8 today...I believe this level is primary due to tax loss selling on this one and think it will abate soon. If you can get in 1/8 think you can get out soon at 3/16 - 7/32. Don't expect a major spike on this one but a nice little percentage gain nonetheless if in at 1/8. If I'm correct on the tax loss, I don't expect it to continue through December, but a possibility.

Just my opinion...for what it is worth. No guarantees!
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