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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Ken W who wrote (552)1/9/1998 8:37:00 AM
From: ChrisJP  Read Replies (1) of 876
 
Hi Ken,

Yes, I used Schwab Web Broker. What's the difference between OTC and pink sheets ? Is OTC the same as OTC BB ? If so, why is there no advertised bid/ask ? It can't be because computers systems can't handle 64th's.

I agree that trading is strange. What was the 1/16th trade all about ? IMO, the volume is too low to determine if there is interest in the stock. I bet half the buying yesterday was from members of the Yahoo BB. If there were a done deal which would benefit stockholders enormously, word would spread and you'd see a LOT MORE buying.

Speaking of which, you are right, the posts definitely lack credibility. As offensive as they are, go read all of bullish_98's posts beginning with the ever important #733. If he can be believed, his turn-around in outlook is interesting. I believe a deal has been made with Mirage to keep CAFE open and operating, but cannot even begin to guess what it means for the stock price.

Regards,
Chris
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