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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Softechie who wrote (13525)7/3/2000 6:40:28 PM
From: E. Davies  Read Replies (2) of 18998
 
Man it's sure hot in here with CNC.
Shorted CNC today @10 1/2. A little early, but I'll be fine.

What happens when all the shorts have been squeezed and all the people who love Wendt have bought just on the name?

The company is the same and there is nobody left to buy. This is gonna retrace to 8 at minimum- we'll argue if its a zero then.

Eric
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