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Strategies & Market Trends : CNC: Irwin Jacobs And The Temple Of Doom

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To: donjuan_demarco who wrote (58)8/24/2000 6:45:04 PM
From: donjuan_demarco  Read Replies (2) of 111
 
Day 19 --- The Saga Continues

Up 1/8 on low-moderate volume ... looks like the "Great Irwin Jacobs Short Squeeze of 2000" is picking up the pace a tiny bit ... what makes this short squeeze so deadly is the sheer subtlety of the action.

Unlike most short squeezes, which tend to be swift and fierce, Mr. Jacobs has cleverly managed a squeeze which is invisible to the naked eye .. it is a squeeze for the ages, which is intended to result in an increase in CNC's stock price of 1/2 a point over the course of 2,000 years.

Only a strategic genius could have come up with this tactic ... Jacobs is cleverly lulling the shorts into sleep ... but in the year 4000 A.D., when the shorts' great-great-great-great-great grandchildren feel safe and secure in their positions, the trap will be sprung with a suddeness and ferocity that will leave them gasping for breath as CNC spikes to $9 per share in the space of a mere hundred years, leaving Jacob's remote descendents chortling with glee at his farsightedness.

This is the stuff of which dynasties are made.
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