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Microcap & Penny Stocks : KANA - undiscovered Internet Company! -- Ignore unavailable to you. Want to Upgrade?

To: JP390 who wrote (709)	1/11/1999 8:27:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 1268

JP, I was very pleased and surprised to see KANA close at the high of the day after and 80% gain, so you may be right that there are not too many day traders left here. Still there are a lot of people who bought much lower, so i would not be surprised to see some more profit taking from these levels--however, I would expect a gap up in the morning based on all the attention it attracted today--there will be some day traders here tomorrow. Looking at the chart, there is not much upward resistance once the stock is above .50, except for profit taking. Tomorrow should be very interesting. I suspect we will break .5 and it will be very interesting to see if we can close above .5. If we can, I suspect that there is some big and real news that is to be annoucned and those in the know are jumping on before the price goes any higher. Word of the nature of the announcement may well be leaking out... Certainly the tremendous volume and the lack of selling mean something.