Dear Sonki: what a havoc this news would wreck on the technical trend watchers of CYMI tomorrow, when all this would be printed out in newspapers, and talked over in all the financial news channels this evening! Just based on reduction of stock's multiple to 34, it looks like technically it may have a long way to go down, especially when they discover and make a connection that it was also in Cabot's list ... this just reminds me of PRST -- when the momentum was up, everything was fine, and it hit almost 200 at the top; but once it faltered, it went down all the way to 40. If this scenario is repeated for CYMI now, it may go down to even 20 then!! ... a state completely deprived of all momentum players by then. No matter what the fundamentals, they will take some time now, to be paid any attention by the street. And in the final analysis, the street is always correct for the moment ... and meanwhile, the psychological tension of the cymi holders here, keep on building up, as if holding a hot potato!
regards to all,
-/Sonny. |
