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Technology Stocks : Cymer (CYMI)

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To: orkrious who wrote (24492)3/16/2000 9:09:00 PM
From: dylan murphy   of 25960
 
I'm a long time holder that rarely post here, but remember the hundred message days. Its been hard to predict the ups and downs here so I quit trying a long time ago. Up 250% last year and 40% or so this year. Time for a pullback?

The interesting thing now is to look at the institutional holdings over the last year. 41.1 to 45.4 to 61.9 to 66.7% today. During that time the short interest was trending down. Until last month. The 1.35 million was the highest since last Aug. At the same time there was no insider buying and steady selling.

What does all this mean? I wish I knew. I really think the selling is overdone and look for a spike up soon. Maybe the institutions jerk this stock around to shake loose some shares. I'm keeping mine a while longer. Most of this info came from this site. insidertrader.com
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