Kevin, my advice to you ( though I am fully aware that you did
not ask for it< vbg > ), is that there is an almost
infinite number of better stocks to short than CNC at
this time.
In my opinion
only a dummy would short CNC after Wendt came
on board.
A dummy is defined as
-an investor who does no DD and just invests.
-a person intellectually challenged.
Now, here at SI, I decided to make a leap of faith and
assume that most posters do not fit the above category.
Thus when I see you trying to short down to zero somebody like Wendt,
immediately my antennas perk up and I ask:
-if you are not a dummy, and
-if you did your DD, then
why are you shorting here for pennies?
Conclusion:
You and other shorts trying to daily bash this $8 stock,
in reality are still short of it DEEP IN THE RED
and are desperately trying to get your money back
and your head above water.
Or as a YHOO poster stated
My final piece of advice:
Cover at 8; take your loss;
then go long CNC,
Here is a YHOO link from a poster who sees the picture as I do.
Couldn't have said it better myself,
post.messages.yahoo.com
cheers
TA
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Message #2130 from Kevin Podsiadlik at Aug 1, 2000 10:51 AM
Normally I wouldn't even bother but since you seem predisposed to wallow in your own failure to comprehend, I'll reiterate: I added some CNC to my position on Thursday, during that brain-damaged run-up on earnings. Those same
shares I covered on Monday. Profitably. End of story.
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