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 : C-Cube
CUBE 36.82-0.5%Dec 4 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DiViT who wrote (18146)7/10/1997 2:50:00 PM
From: Grant Froese of Calgary   of 50808
 
I wouldn't be so pessimistic on a short squeeze. AMD missed their earnings number by a mile on Tuesday and the stock was called down $4 on Instinet the next day, but as soon as trading began, the stock just began gaining all day, closing slightly up even though the DOW was down more than 100. I think all the hedge funds have gone crazy and shorted everything in sight hoping for bad news, unfortunately once the news comes out everyone tries to unwind at the same time, causing a short squeeze even when bad news does occur. If CUBE posts a decent number and then hosts an optimistic conference call, a short squeeze might happen. I'm not predicting it, but it would be nice to see CUBE do some butt kicking wouldn't it?

Best Regards,
Grant
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext