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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?


To: James Wright who wrote (2657)6/29/1998 8:23:00 PM
From: TWICK  Read Replies (1) | Respond to of 3563
 
If it breaks 3 3/8 to lower levels, what will be your new entry point. Below 3 ??




To: James Wright who wrote (2657)6/29/1998 10:12:00 PM
From: Sergio H  Respond to of 3563
 
<You seem to have developed good lines of communication with the folks at CADE and PLR. Would you be willing to suggested to them that they put Molly Cade together with one of the new institutional investors they hopefully are lining up? Molly Cade can then sell her shares to that institution in a private placement. >

Jim, it would be difficult not to have a good line of communication with the folks at CADE. Anyone can call and get good answers to their questions. As far as your suggestion to arrange a trade between Molly and an institutional buyer, I already inquired. There isn't a list of institutional buyers waiting to buy this stock and won't be until we see
research.

PLR's strategy is to first obtain analyst coverage and institutions will follow soon after. We're going to need to see the stock at five bucks before the institutional buying comes in, IMO.

One thing that should be noted about Molly's selling so far is that she has sold at prices of at least $4/share. Shrewd Molly !!!!!!

Sergio