Well, I can't believe it has been that long since I got back here, but CCMP has more to it than just the CMP slurries. From the period of time you dropped us a note, CCMP traded between $44 and $74. (April 9 - April 19)
On April 12th, it was $57. From the looks of it, if you shorted prior to the 12th of April, it was not such a great deal since it is currently $59. However, somewhere in between there were some great opportunities for the short.
I would like to know how you made out on this, but had I answered back then, I would have said the same thing, CCMP has more to it than just CMP slurry. Given what has happened these past few months, CCMP has held up better than most companies.
Andrew |
