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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value -- Ignore unavailable to you. Want to Upgrade?

To: Willy T. who wrote (121)8/4/1998 9:39:00 AM
From: Redhook  Read Replies (1) | Respond to of 1640
 
Not here to bash but if the float is only around 5 million, then why is the price not going up? So far today's volume has been all buys (vol 155,600) yet they haven't raised the ask? With a float that low this stock should be going up. Has anyone confirmed for sure with the TA the o/s and float?

Redhook maybe looking to buy.



To: Willy T. who wrote (121)8/4/1998 11:57:00 AM
From: Baldur Fjvlnisson  Read Replies (1) | Respond to of 1640
 
I'm going to pass a bit on this one. A stock that goes down with overwhelming buying doesn't seem like a good deal to me. Something tells me it will really plunge at the slightest sign of selling.
Waiting and watching.


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