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Microcap & Penny Stocks : KAFE (Country Star Restaurants) -- Ignore unavailable to you. Want to Upgrade?


To: james d. hargrave who wrote (290)11/6/1997 7:11:00 AM
From: ChrisJP  Read Replies (2) | Respond to of 876
 
Jim,

You must have an E-schwab account, where most trades are cheap, but .03 per share above 1000 shares. For a .09 stock, that's a high price to pay. I just have web trading, which means higher commissions, but commission on10000 shares of CAFE is about $90.

CAFE's last earnings were reported on Aug 20th. Nov 20th is not so far away. Does anyone think the recent activity (I'm assuming conversion of debt into stock) has been timed to preceed the earnings announcement ? One person on the AOL message board thinks so and she called investor relations regarding the status of their restaurants. Her posts weren't 100% convincing, but might be worth checking out.

Regards,
Chris