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Microcap & Penny Stocks : Cade Industries
CADE 40.55+1.8%Dec 1 3:59 PM EST

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To: Dr. Stoxx who wrote (2951)7/22/1998 2:35:00 PM
From: MechanicalMethod  Read Replies (2) of 3563
 
Fahnestock & Co. maybe a seller or representing a seller, although I've not confirmed that, and would appreciate some more info myself. Molly Cade is the only confirmed seller I'm aware of.

Block trades are often bunched together and represent negotiated trades reported sometime after the fact. When sales equal buys, mm's pre-arranged a sale conditional on a purchase. If mm's take in a block without laying off part of it, those shares have just moved from weak hands to strong hands.

I've experienced block sells triggering a run up often enough to not worry about it. Just someone accumulating as someone else is distributing.

osci
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