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

To: MechanicalMethod who wrote (3306)	10/17/1998 5:35:00 PM
From: Patric	Read Replies (2) \| Respond to of 3563

I face the same dilemma--when does it make sense to "lighten up" on CADE when I think its intrinsic worth (to the extent there is such a thing) is higher than the current price. My only point was that, if I could confidently predict short-term price swings I would be be more willing to try and take advantage of them once I am in the money. Up to that point, being fairly certain the stock is undervalued, I am more comfortable just waiting it out than trying to play TA master and risking getting left behind. I have made too many ill-timed moves to play that game while in a losing position. BTW, shouldn't the loosening of credit (if that is the effect or the interest rate reductions) benefit small-caps in particular and perhaps start to put the small-cap side of the market back on course? #B~}>