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Microcap & Penny Stocks : KLOC: wishing on a star -- Ignore unavailable to you. Want to Upgrade?


To: Ashley800 who wrote (490)1/12/1999 7:11:00 PM
From: Traderhic  Respond to of 581
 
Saw it at the end of the hour and 1/2 hour. Did you notice that the stock has tremendous support at 10? I think we are seeing the first signs of involvement by Allen & Co. If they are going to call the warrants they can't let the stock close below $10.00. Also, they would probably time their efforts around news to help assure conversion. Unlike most Internet IPO wantabe's SEARCH has real potential and has started a serious revenue stream. Traders are watching this end of day support for clues on timing ......only 7 more days above $10 needed to call warrants. Stay tuned this one's not over by any means.



To: Ashley800 who wrote (490)1/12/1999 8:45:00 PM
From: moose100  Read Replies (1) | Respond to of 581
 
Have seen 1-800 US Search 3 or 4 times today on CNBC. I hearing that IPO news will be by end of week. BUY, BUY, BUY. Deal to be Allen Co and Bear Sterns. If they call warrants, can someone explain what will happen in case I need to keep some power dry. I have many large position on warrants and the stock also. Adding more tomorrow. Warrants are at discount. Should I buy warrants or stock.

Thanks M