Steve,
I accept all your points. I was only providing my 2 cents worth.
Re anti short campaign: To the institutional world, all of us, collectively or individually on SI are insignificant by comparison. Whether we like it or not; whether the statistics justify it or not; analysts such as Drew Peck, Brett Hodess, and Jay Deahna carry sufficient weight to move markets.
My point, and I think I have one, is: keep some dry powder and be ready to take advantage of market inefficiencies that these analysts help create. My first entry into CYMI was at 35% off(50% to get back to where it was); my 2nd entry was at 1/2 off (a double to get back to the high).
I expect that CYMI will break its old high within 2 years and possibly less than 1. This will happen, IMO, once someone like Intel or IBM, announces a program to evolve their production capacity to DUV. ... and that is a certainty in my opinion. (that the evolution will happen, not that it will be publicly announced.)
Best luck,
Ian. |
