HOT STOCKS 100% 200% 300% profits possible short term Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shawn a. becker who wrote ()	8/21/1998 2:32:00 PM
From: JC Reddy	Read Replies (1) of 2038

KANA is trading at 0.08 x 0.10. It was trading at $1 and above levels for a while and the price plummeted recently. The causes are unknown, but I think it is partly due to their 504 placement of 1.5 million shares, considerable shorting, and price manipulation to cover the shorting. The price was artificially walked down to 0.10 levels by MMs, IMO. I see it as a great stock to buy and hold for at least 6 months. My target price within next 6-9 months is about $1.5. Here are some facts about KANA. KANA (Kanakaris Communications) Outstanding Shares: 8.5 million Price: Bid 0.08, Ask 0.1 (1) Kanakaris Internetworks division: Provides Internet services, electronic commerce. It has a new business in NetBooks.com where authors can publish their books. They raised capital with a 504 placement to focus on this business. We will see fast growth here. (2) Desience Division: Old business of KANA. Designs and provides OPCON modules and sells to many fortune 500 companies and the government. Revenues for 1997 are told to be about 1.5 million dollars. This alone should be worth more than $0.10/share. (3) I think there will be many upcoming events generating interest in this stock. First of all, they plan to change the name that reflects Internet in their name. I hope they will have their financials out soon. NetBooks.com should get more publicity and some contracts with the publishers (they have enough money for this thru 504 placement). (4) Their board members seem very capable. Check out www.kanakaris.com Overall, I think this stock is a steal at these prices. May realize 1000% returns in a few months. I am not trying to hype the stock. I am writing what I genuinely feel about the stock. Check it out yourselves. Sincerely, - JC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next