SI
SI
discoversearch

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 : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Stewart who wrote (3368)5/28/2001 12:11:36 AM
From: Q.  Read Replies (1) of 3661
 
I liquidated my shares the middle of this month, once I realized that the reason I was holding it -- a notion that the stock was a good value based on the balance sheet -- was mistaken.

Even earlier in the month I had detected a warning sign, which failed to cause me to sell but should have: that's when I read a column in a shortseller report that shorts were attracted to MTSN because of problems associated with the merger.

As a rule, shortsellers tend to research more carefully than longs, so when shorts start swarming around your stock, it's a head's up that there might be a big problem coming. I have to admit I didn't get out then, though. I waited until I saw the balance sheet.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext