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

To: Bald Eagle who wrote (3139)	8/11/1998 6:09:00 PM
From: LTK007	Respond to of 3563

Wiseowl,took this post from off the Yahoo! CADE thread--I offer it as a counter balance to my darker suspicions of why the price is eroding so badly--it is a good post-- Message 963 of 963 Reply Could it be... stock_guide Aug 11 1998 4:55PM EDT As stimulating as it may be to dream up plots where market makers manipulate prices and ceo's dream up schemes to enrich themselves at all costs and alien races build elaborate crop circles at night, could it be, that, given the general pysche of the markets now, there are simply more sellers than buyers? Today, for instance, less than one percent of the float traded hands resulting in a roughly seven percent price decline. Perhaps the nervous investor's are making for the exits while the spectator investor's have adopted a "wait and see" philosophy creating a short term order imbalance. At some as yet to be determined price, greed (i.e. the potential for profit) will overcome fear and caution. The next 10Q will play a major role in determining that price. I for one, am pre-positioning myself for that event. I expect the next "big" move to be up. That's not to say it won't be preceeded by many "small" moves down. You pays your money and you takes your chances. That's what makes a market. BTW, I didn't get my fill today. I'll up my bid and try again tomorrow.