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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: DavidMW who wrote (11344)6/28/1999 10:57:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
DMW; on KAHI: after 70% retracement, I had to 'take the loss' on this one; the web-site looks great, but last week was a disaster for the stock; it broke its .10 support level and sank to approx. .068; news of FDA internet crackdown on products bearing health claims didn't help either;

I like the company and its future plans for an on-line pharmacy, but after listing the stock @ .16 (on INDEX #3) and watching it fall for one month straight (culminating in Fridays close), I felt it was time to let this one go for now;

always open for another look @ KAHI if they file form Q-10 with the SEC and become a reporting company;

thanx for opportunity to respond to your question & welcome to the thread; regards...sw