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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: starman who wrote (149)8/5/1998 2:16:00 PM
From: SunriseShines  Respond to of 1640
 
MM's maybe the trouble here. BTW, 1 share sold shows as 2 shares on the volume because it is counted as one buy and one sell. So any volume you see, divide by two for actual shares traded. I did a trade today and saw double the amount show in the volume. And don't trust volume because sometime MM's fake volume by trading among themselves.



To: starman who wrote (149)8/5/1998 3:07:00 PM
From: Stephen Goldfarb  Respond to of 1640
 
There are two contradictory trends. This confuses the matter. On the one hand, it is expected that if Kaire International succeeds in going public, that will be good for Kaire Holdings. On the other, the conversion of substantial debt has apparently influenced, and continues to influence, the downward trajectory of the stock. A price chart is illustrative. Stocks can reverse in an instant. Perhaps returns will be ample. But, in view of many unknowns, this has to be considered very speculative.

The last I heard, there was still substantial debt to be liquidated. The holders of the convertible instruments, just judging from price and direction, seem willing to convert down to the pennies. One estimate is that there are $300-400,000 to be liquidated. Depending on the terms of the convertible instrument, that could result in a substantial additional dilution at current prices.

Steve