CustomTracks Corporation (CUST) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CustomTracks Corporation (CUST)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J.Y. Wang who wrote (2283)	9/14/1999 9:21:00 AM
From: Kip518	Read Replies (1) of 2514

The problem with shorting may be that CUST may run to 50, 60, 70 or higher on the news today. Well, so far pre-market looks to be up a buck (still below yesterday's high). Pretty scary, huh? I can't imagine anyone thought Cook was going into the annual meeting (where an increase to 175m shares is to be voted) without a smile on his face. Clearly such PR just before the meeting was to be expected (PR that says, "sure, if you deliver, we'd be interested" -- as mentioned, nothing on contracts, exclusivity or expected revenues -- still a big if). The only thing that will start buying in this stock is a short panic. Clearly the longs are already believers and in. New buyers aren't going to come rushing in at these levels -- especially with the general market being dicey. Today is the long's big shot for a while. Not saying a short panic couldn't start (Cook could be still fire off more guns at the meeting) and your wild talk of runs to 50-70 today is that kind of stuff, but IMO the shorts fate is in their own hands.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next