Cascade Microtech Recent IPO as of 12/14/2004 Message Board

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Technology Stocks : Cascade Microtech Recent IPO as of 12/14/2004

CSCD 21.86

0.0%

Jul 5 5:00 PM EST

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To: BWAC who wrote (11)	12/28/2004 9:57:43 AM
From: robert b furman	Read Replies (1) of 71

Hi BWAC, I like this thread already - great price action reporting. I don't know who -I 'm still on the outside looking in. I'd guess one thing about owning this little jewel - if you want to sell,one must wait for a buyer to occur. My guess is what you saw was what happens when you sell at the market. Selling illiquid stocks at the market - is like saying to all the MM RAPE ME. I envision them all just taking a hundred each and drop the price an 1/8 or 1/4.Its a free lunch of sorts. When they're done spanking you they bring price right back up to where it was "when it was an efficient market". Heck maybe that's why they call it Cascade.For years I've call that price action a Cascade down resulting from sell ing at the market. Lord knows I've done a few myself.GG Thanks for watching and reporting. Bob

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