SI
SI
discoversearch

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.
Microcap & Penny Stocks : KANA - undiscovered Internet Company!
KKRS 18.02+0.9%Nov 6 3:56 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Beermeister who wrote (708)1/11/1999 5:45:00 PM
From: JP390  Read Replies (1) of 1268
 
Daryn,
I would say that if we had any day traders today, we've already shook them loose. We developed a very nice base today in the .40 to .45 range. This is exactly what we needed and exactly the way it needs to be in our climb to the 2.00 range. Back after the 504 dumping, you had a few people that were able to buy at sub .10 levels. Alot of these people were probably headed for the door today. That is not to say that they don't believe in what this stock can do, but they quadrupled thier money and felt it was time to get some cash. These same people may be back in a few days to enjoy the ride some more. This was just what I wanted to see happen today. Not that I don't want to see someone go from .10 to 2.00+, but if you have a million shares purchased at .10 or less and the stock is at 1.00 plus, those million shares(if in weak hands) could absolutely crush you if they sold at one time. God Bless the people that bought at sub .10 and are still holding. They will have the pay-off of a lifetime. We traded over 1 million shares in the .40 range. This is our new base. I think the next base will be in the .60 range towards the end of the week. I could be wrong, because I had said that I did'nt think we would level off at .40+ until this coming Friday. I will still say that it looks good for 2.00 by the end of the month. I hope everyone realizes what they are holding on to here and what kind of potential there is. Based on what Kanakaris is right now, we should be at 2.00+. If you don't believe me, check out about a dozen+ different stocks trading at 4.00+ that don't have anything and I mean they don't have crap. The announcement on Jan. 27 will bring us to another level, but with the other deals in the works, .45 is just a joke!! We will look back at these prices and laugh really soon. We'll be saying "If I had of bought just a few more......" We will just keep plugging along and look forward to the end of the month. We can watch as the MMs start to play thier games when we get closer to a dollar. I know it's tempting to sell and everyone has thier own style, but with out shares available and everyone holding could you imagine? I know you've seen what happens when strong hands are present. I saw on the other thread where someone spoke with Alex, and there was something very important in that about being listed. We will be trading with the big boys before you know it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext