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Microcap & Penny Stocks : Cade Industries
CADE 42.11-1.7%Jan 30 9:30 AM EST

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To: Patric who wrote (3317)10/20/1998 7:33:00 PM
From: Safado  Read Replies (1) of 3563
 
Cade end of day . . . .

Closed down a hair at 2 1/2 but it could have well closed at 2 9/16ths as it bounced between the two all day long. Volume was up nicely today. Actually, it was the highest or second highest volume in two calendar months.

You know, this "real" trading sucks. Last week I tried my hand at the Yahoo challenge with 100,000 in fake cash and that portfolio's up 12% in less than two weeks. If mine was only half that good these past two weeks.

Hell, I threw half my investing cash in PAMM. Screwiest fundamentals. The EPS is almost 4 times the cost of the stock (3.6 EPS, 15/16 price). The P/E is 0.25 and the book value is over $11.00 If this sucker would jump back up to its pre-cancelled-merger price of $4.00 I'd be a very happy camper. Would even send ten percent to Donny and Marie!!!

Good luck tomorrow with CADE! I don't know if I have the patience to "just wait one more quarter . . . "
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