SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Strauss who wrote (2310)7/23/1998 2:10:00 PM
From: IsaacF1  Read Replies (2) of 13094
 
James:

CADE

We began to follow CADE around it's 12 mo high and it has put out a pretty impressive quarter and six months, the market has not responded to the news, price is down today and volume is 1/2 it's 13 week average. Sales have doubled and income has followed suit, revenues for the six months have almost eclipsed 97's total revenues. Price to book value is very low. Why ain't she hoppin?

Possibilities as to why the price is weighed down today:
Rel Strength for 12 mos has gone from 93 to 58
PE is twice the ind avg
price to cash flow is twice the ind avg
profit margin is lower than ind avg but it has steadily increased year after year
lots of insider selling in May when price was at a high

James, we see fundamental shortcomings like these in every 13 we encounter which has broken out, my feeling is that CADE is suffering because of the weak broader markets and that they have also pre announced positive earnings, interestingly enough at the same time that the insiders sold.... my feeling is that the pre announcement is the reason the price is not moving today but I wouldn't be surprised if it starts shaking in the next few weeks

datek.newsalert.com

Your feelings?

IsaacF1
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News