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

To: LTK007 who wrote (2952)	7/22/1998 2:32:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 3563

<< I will not go up against the selling coming from within--so I took a 1k loss today>> Price action today is very disappointing, but I'm in for the long haul. Hope you didn't sell just a few days too soon. Good luck.

To: LTK007 who wrote (2952)	7/22/1998 2:34:00 PM
From: Dr. Stoxx	Respond to of 3563

Max, I cannot blame you a bit for selling today. I've been in CADE since 1 15/16, but have bought along the way (usually when it is up) and so am averaged in somewhere around 3.25. I have been waiting to sell out around this terms earnings annoucement, because I want to devote the funds to my new Befriend the Trend system (which is up over 40% in 11 weeks). I'm uncertain now whether I should get out today, or hold for a week or two in the hope that once today's strange "shake-out" is over we will get back on track toward a price momentum that better reflects the stock's potential. I'm not so sure myself that the Molly Cade "problem" is holding price back. If price is unchanged, this would indicate as many buyers as sellers. In short, I am confused. And I do not feel comfortable sitting in a stock whose price action is so incommensurate with what is happening in the company itself. If the problem is insider selling, then this leads me to believe that the insiders are not very concerned about the shareholders, and that is simply another reason for selling. TC.