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Technology Stocks : Full Disclosure Trading
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To: Return to Sender who wrote (4551)2/21/2003 10:05:08 PM
From: Jacob Snyder  Read Replies (3) of 13403
 
OT: <CYMI is kind of scary due to the large short position.>

That's a two-edged sword. On the one hand, none of those short shares are long-term positions, and all of them must be covered at some point. On the other hand, a lot of people, people with money, have decided the stock is likely to go down. Sometimes, a big short position is a bet that a broken company's stock is going to zero. But I see no evidence that's the case, here.
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