Cascade Microtech is a new name in the Semiconductor Equipment Sector.
Although a new IPO - they have been in business for years.
Here is their website:
cascade Microtech.com/home.cfm
They have an excellent "Past Press Releases" section which can get you up to speed on their product offerings.
New IPO's in this sector have been rare.
IPO was on 12/15/2004 @14.00 -opened @ 14.43. The initial offering was 5.3 million shares.This should raise 74.2 million for the company.
Form Factor was a 2004 IPO and has done well this year.
I read IBD daily and they have taught me to keep an eye on Recent IPO's,as they can provide new exciting products and offer excellent growth opportunities.
Will Cascade Microtech be such a new upstart? I hope so.
I also hope this thread will be visited frequently by those who study a stock's price action,as well as those who are working within this dynamic wealth creating sector.
Here is to a polite dialogue that encourages all participants to learn more about Cascade Microtech.
In an effort to make this thread a working tool that really helps create the wealth of its community members,I'd like to encourage those posters to combine in their posts:
1)Realtime trade activities - lets see who the guru's are vs the emotional oft wrong investors ( a position I'm sure I'll wrap up soon).
There will be an honor system here.If you post the buy - also post the sell.
When you buy it -your post should start with Buy, quantity, and average price if you have a feel for duration of ownership that is also of value.Please also post if you are adding the stock to your porfolio or covering a short.
2)It is also requested and very strongly encouraged that if you post a trade - copy a chart that supports your trade and thinking.
I'm new to this stock - I have no position.I like its sector and I'm always looking to get on board of a successful IPO early in the game.
I would be very rewarded and priviledged if the posters on this thread either get rich, riding this stock through its potentially high growth stage or then again -maybe we should short this thing into zero and beyond -this kind of a trade can go to zero and give a tax free gain.
If you sell,please post same info but indicate if you are creating a short or closing out a long trade.
Lets make some money on this new opportunity. |
