Cityscape Financial (CTYS) Message Board

STOCKTALK

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.

Non-Tech : Cityscape Financial (CTYS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris who wrote (851)	10/11/1997 9:27:00 AM
From: Venkatesh Nakkala	of 2544

Hi guys, nice to read all your positive comments on CTYS's near-term outlook...I have to say this..I've never seen a stock that had so many bad news one after another...it's always one guy or another... S&P, OpenHeimmer & Co, Motley Fool, lawsuit and now like we haven't had enough, the Moody guys...the problem with all these negative press is a lot of the big buyers will just sit on the sidelines and not buy....I have a very strong feeling that CTYS will retest the 8.625 level again monday or tuesday bcos of the Moody's...obviously new buyers will want to wait till the dust from this news settles down... I really hope CTYS comes out with its expected UK settlement, new deliquency numbers sometime soon, ideally early next week so they can stop the tide from this latest news.... I dont mean to discourage any of you guys, but it makes me nervous everytime a news item like this comes and I haven't gotten aggressive enough in my trading to dump and rebuy after a few days everytime such a bad news occurs..if you notice it keeps testing 9 and goes back to 10 every cycle...and looks like no one is willing to pay more that 10.5 in the near future to buy CTYS and so it always starts coming back down again...we REALLY BADLY NEED SOME POSITIVE NEWS from CTYS soon to keep this floating...I'm sitting on 3000 shares by the way or I wouldn't be giving you guys all my negative or gloomy statements... Best of luck with CTYS and MAY THE MARKET ALWAYS BE WITH CTYS and GO AGGIES and MAY (HOPE) I NOT GO DOWN WITH CTYS..(had to say that....:-) Have a nice weekend you a'll, Venkatesh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next