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

To: Glenn T who wrote (3069)	7/30/1998 10:32:00 PM
From: Dwane Houghtaling	Read Replies (2) \| Respond to of 3563

Glen. << ... how many institutional investors are in this stock..very few I would imagine ...>> According to WSRN.COM there are 8 institutions holding 9.6% of the stock. Any idea how much management owns?? Dwane

To: Glenn T who wrote (3069)	7/31/1998 5:48:00 PM
From: Bald Eagle	Respond to of 3563

<<f anyone has any idea's I like to hear them.>> Let's all buy as much Cade as we can so we push the price above 5, then wait for the institutions to come in and give us 10 each. Well, nobody else had any suggestions!

To: Glenn T who wrote (3069)	8/1/1998 6:02:00 PM
From: Rich Genik	Read Replies (1) \| Respond to of 3563

Glenn, I would guess that the negative comments about Boeing last week precipitated a sell-off in the whole sector. CADE busted its 20 and 50 DMA (at 3.5) and went straight down to the 200 DMA. It just broke the 200 DMA (at 3.00) and is looking for support somewhere. I see that support at 2.50, but a close below that would indicate a possible test of the 2.00-2.25 range. Breaking a 200 DMA is an indicator of a down trend. I'm looking to free up some cash to buy in when support develops. Fundamentals are very good, assuming no cancellations in the current backlog. Cancellations would definitely cause another sell off. Whereas this is my first post to this thread, let me also respond to the TA/FA comments about 20 posts ago: IMHO, FA tells you which companies to buy/sell, TA tells you when to buy/sell. TA feeds on itself; enough people watch those numbers that pressure develops when a trend line is crossed whether there is fundamental change or not. If one is long enough term, I'd suggest weathering things out on a good company and using the opportunity to add to a position. That's my 10 cents (inflation ;) Cheers, Rich