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


To: ChrisJP who wrote (380)11/19/1997 4:09:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 876
 
Chris<so far it looks like you made a good move by staying away !>
Looking at the red painted all over my portfolio(except mutuals),it appears maybe it's the only good one I made today.If I was you,I think you could take that as a signal your on the right track<vbg>
Kenny



To: ChrisJP who wrote (380)11/19/1997 4:17:00 PM
From: Harold Feller  Read Replies (1) | Respond to of 876
 
Hello Chris;

I am focused on the MM's not the investors. The 1MM share
block you saw was a buy by the MM's @ 1/16 and you are
right the bid did not drop. I feel confident buying with the MM's.
But.......the big butt.......the MM's in this stock sometimes sell with-
out a spread......this confused the hell out of me. Where I see a
MM's accum can be a dump if I don't see the spread in the trades.

p.s. IMO this is very high risk. Do not do it unless you can afford it.
I am just looking for the bounce not a investment.