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


To: david m. uhler who wrote (697)2/26/1998 12:48:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 876
 
Hi Dave,

Looks like I was right about my capitulation being the buy signal ! If I had waited 3 hours I could have at least sold at 9/32 ! I have watched enough times as sellers got out before me, that this time I wanted to be first. I thought the news was a cover for more dibenture conversions and all the stock mumbo-jumbo was only to confuse the announcement and conceal their intentions. After all, they're not gonna say, "We are planning to short this stock back down to 1/32 all over again". The reverse split opened the door for more conversions. The fact that they're still talking dibentures that allow for conversion at the bid was enough to send me packing.

Guess I could have been wrong, but I still feel great !
Chris