Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : KIDE- Low Float, Nice Financials ?? -- Ignore unavailable to you. Want to Upgrade?

To: ayahuasca who wrote (49)	11/24/1998 12:05:00 AM
From: Bo Didley	Respond to of 227

This is how low float stocks behave. You want to own them before they run up, because when they start running, there seems to be no end. Look what happened to INFO recently when traders got a hold of it. Ran from $2 to $31 in one day! Low float is what made this possible, but before it was recognized it traded very few shares/day. I'm holding a sizable amout at $10 1/2 and look to make tremendous returns as a short term investment over the next few months. It will rise, just based on its stellar fundamentals. I've read and read some more about KIDE. Its a small, tight run ship with a sea worthy crew aboard. When friends ask for a good investment, I have told them to put their money in KIDE for the next few months. bo

To: ayahuasca who wrote (49)	11/24/1998 1:23:00 AM
From: Eric Fader	Read Replies (1) \| Respond to of 227

I'd recommend that anyone concerned about the float get some historical charts of EXX/A and /B from when the Power Rangers were out. Their volume was basically zero for a long time before the mass investing public (retail investors) caught on. And yes, that's mostly who is going to run KIDE up, although I saw the footprints of a stealthy big buyer today. Whoever was laboriously assembling $15-$40,000 chunks was not likely your basic individual investor. Check the activity between 1:49 and 1:54 PM (5 minutes, 15 bid-ask changes and 18 prints). After all that work, it looks like the true (non-duplicated) volume for the period was only about 8,000 shares. Then in the last 43 minutes of trading, more big blocks, with some duplicative (actually overlapping) prints. Bottom line? I think that a big buyer or two, maybe a small-cap fund, may have been very carefully and skillfully accumulating positions in KIDE over the last week, while making sure it the price stayed under 11.