Chromatics Color Sciences International. Inc; CCSI Message Board

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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 29.32

+4.6%

Oct 31 9:30 AM EST

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To: Ron Harvey who wrote (5529)	8/2/1999 1:58:00 AM
From: BelowTheCrowd	of 5736

Ron, > First, you can be sure that I'd have a profit and most likely a good one. So if I were a really bold shorter, I'd feel comfortable with that cushion and be prepared to ride out any sudden surges north. But a lot of the less bold types probably don't want to see their profits erode, especially with a potentially volatile guy like CCSI, which, in the past, has demonstrated that it can jump in a hurry. They'll be tempted to cover. And with more upside action there could be other shorts energized to beat their brethren to the exit. < This sounds almost identical (but opposite) to the situation that was faced by many longs, whent the stock was recently up at the $12 mark. The argument posed here often at that time was something to the effect of "we're in it for the long term, we'll outlast the shorts." Fact is, there are strong and weak hands on both the long and short sides. If I had been a long at $3, I probably would have been tempted to take my profits when they announced the distribution deal and the stock promptly tanked in response. Still short, not concerned about a sudden increase... mg

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