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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Cheesehead who wrote (156)8/6/1998 8:41:00 PM
From: Baldur Fjvlnisson  Read Replies (2) of 1640
 
Their transfer agent should be able to confirm the share count. If O/S are only 16 million the market cap is half a million $, which makes no sense in a company claiming to have what 30 million in revenues this year. There must be a huge share overhang here, how often do you see a stock actually go down with heavy buying?

Best of returns,

Baldur F.
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