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Microcap & Penny Stocks : A Wall Street West Newswire Discussion Board

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To: JC Reddy who wrote (135)7/24/1998 4:36:00 PM
From: Andrew28  Read Replies (1) of 456
 
"I still think KANA is $2 stock."
Wishfull thinking...
If KANA is worth $2 now and is trading at $.2. That means that you can x10 your money! If that was true, wouldn't there be some interest in KANA? I think that "smart money" knows that it is not a $2 stock, and that is why KANA is making new lows.
I agree with MAF that this situation looks as if KANA has a printing press...
And about shorting, would you short the stock with 20 cent upward potential and $3+ upside potential? I would not, would you?
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