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Microcap & Penny Stocks : Cade Industries
CADE 43.15+0.5%Jan 27 3:59 PM EST

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To: MechanicalMethod who wrote (3337)10/27/1998 7:22:00 PM
From: Ditchdigger  Read Replies (1) of 3563
 
Osci, tried to post on Yahoo,but wasn't able to get through..
"Counted quite a few 5000 sh blocks(not really blocks-sub 10K) at 23/32, also see a 10k block at 23/32.. a bit of selling(trades on the bid,small size-it was taken down in price quick at the close,should bounce in the morning) after 2:30..am sitting on some cash,but am going to hold off on CADE (all stock)for a bit..not to be gloom and doomish, but the market has made a heck of a run since the 8th,the DOW bounced hard and fast off of 8500,
consumer sentiment took a pretty good drop, Brazil lurking in the background...I want to see what Brazil,the Nas and r2000 do here in the next day or so, before I make any decisions..I don't think CADE would break 2 1/8 on a panic selloff,but might be able to snatch up a few shares at 5/16-3/8,IMO if a bad day/days popped up in the market.Don't get me wrong-this is a fantastic company(obviously,you know this already) and I held for a while during the down period late last year,not bothered because it was a good company. But as you know, I have since been in and out 3 more times,new strategy..Sitting on the sidelines for now,but am always on the bench, ready to come in<g>..DD
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