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Microcap & Penny Stocks : Cade Industries
CADE 42.39-1.0%Jan 30 3:59 PM EST

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To: MechanicalMethod who wrote (3306)10/17/1998 5:35:00 PM
From: Patric  Read Replies (2) of 3563
 
I face the same dilemma--when does it make sense to "lighten up" on CADE when I think its intrinsic worth (to the extent there is such a thing) is higher than the current price. My only point was that, if I could confidently predict short-term price swings I would be be more willing to try and take advantage of them once I am in the money. Up to that point, being fairly certain the stock is undervalued, I am more comfortable just waiting it out than trying to play TA master and risking getting left behind. I have made too many ill-timed moves to play that game while in a losing position.
BTW, shouldn't the loosening of credit (if that is the effect or the interest rate reductions) benefit small-caps in particular and perhaps start to put the small-cap side of the market back on course?

#B~}>
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