Street Hawk,Re: " although this did finish on the low for
the day on a ramp day like today, that tells you something.
After careful deliberation I decided to answer the above
non-sequitur because we do have at times threaders from
Rio Linda who are apt tp confuse the above as economic
analysis which it obviously is not.
Everybody knows that CNC has problems.
What a lot may not be aware off however is that
MOST of the noise in the Street now is carried
on by shorters, shills if you will, who have a large
financial stake in th stock falling down.
So what we have is an endless procession of opinion,
such as yours that passes for analysis.
BTW it is typical for companies that have problems,
such as CNC NOT to do well on an up day in the market.
I have also seen many situations when the market is in the dog house and stocks such as CNC take off.
In your own words.........
" that tells you something ".
( whatever that is..............vbg )
The Market......games.....games .......and more games.....
love it,
TA
Message #1792 from Street Hawk at Jul 13, 2000 7:03 AM
Sure Techie.
Let's see the money flow stats, although this did finish on the low for the day on a ramp day like today, that tells you something.
I think CNC Wendt hype was way overdone, I averaged up in the double digits last week, I'm just waiting for the shoe to drop to cover now. I'm going to hold on to this short for a while, very comfortable with CNC's lack of options and future viability.
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