TO ALL - MOVE YOUR CYMI SHARES FROM MARGIN TO CASH ACCOUNT
CYMI floats are only 6.6 millions. The volume for this stock
is 8,281,900 on Friday 9/26/97, 1,681,900 shares more than the floats.
Many of the individual trades are large blocks, which are likely
to be institution trade rather than individual investor's.
I have a felling that a lot of shares changed hands are phantom
shares created by short sellers.
If we move our shares from margin account to cash account (within the
limit of your margin maintenance requirement), those shares won't be available for short sellers to borrow. This will create a big time
short squeeze.
If we can all do it AT THE SAME TIME, says the date before the
earning is released (10/22/97?).
We can spread this info via posting on the usernet, on SI, AOL channels...
Any suggestion/comment about my idea or how we can organize this?
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