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


To: Harold Feller who wrote (333)11/12/1997 10:30:00 PM
From: Richard Rose  Respond to of 876
 
Harold, Good for you!

It's a dangerous game.

Expect to win some and loose some.

Develop prudent methods and resist greed and you should improve your long term results at this game. Go slow on the lure of the pink sheets. Them waters are bloody.

Good luck.



To: Harold Feller who wrote (333)11/12/1997 10:58:00 PM
From: Richard Rose  Read Replies (1) | Respond to of 876
 
off topic

Harold and all

If you want to look at cheapo with limited downside - IMO - take a look at RPAPF. It's a large Canadian paper producer with a huge float.

This a been a favorite day - or couple day - trade of mine for the past 6 months from around 5/32 - 7/32.

It traded quite a few shares at 1/8 today...I believe this level is primary due to tax loss selling on this one and think it will abate soon. If you can get in 1/8 think you can get out soon at 3/16 - 7/32. Don't expect a major spike on this one but a nice little percentage gain nonetheless if in at 1/8. If I'm correct on the tax loss, I don't expect it to continue through December, but a possibility.

Just my opinion...for what it is worth. No guarantees!