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

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To: cinvestor who wrote (187)8/7/1998 3:27:00 AM
From: Andrew28  Read Replies (2) of 456
 
Great buy at these prices?
Sure, the way it has been trading for the last 5 weeks it will be a "great buy" for wallpapering your walls soon.
Why would they buy back? They have sure cared a lot about their shareholders when they did a private placement, they still have not done a formal press release explaining what they did.
There is no reason for them to burn cash to save your bu..
Read up a little, issuing stock is one of the best ways to raise capital, because it hardly obliges the company to do anything for you once your bought the stock. Sure you are an owner of the best company in the whole wide world Kanakaris ... etc...
If you are an investor you should be investing, not gambling, there is a better place for placing bets, the place where Alex goes all the time... If you are a trader then speculate, and if you really were a trader you would not be averaging down or sitting on your bu..
watching KANA going down, you would have taken a loss at 5-15% and moved on. So appeal to reason, not emotion.

P.S. It is amazing how KANA is falling, double digit losses almost daily!
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