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 : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ForYourEyesOnly who wrote (5750)10/22/1997 8:27:00 PM
From: Curlton Latts  Read Replies (3) of 25960
 
THC->>Why couldn't they just buy back the shares now to cover?<<

The second that any "size to buy" shows up on the gunslinger's screens Katy bar the door. Or put another way there's fresh meat in the water. POW! Up she ratchets. Step one. Now the TA has turned. The squeeze is on. Step two. When they come back for the next "size to buy" they're now waiting in the doorways along the corridor and POW .. POW ... POW up she ratchets in a two-step. The media gets into the action demanding reasons for the upturn. POW ... POW up she ratchets in a four step now as the first wave from Joe Six-Pack comes in. She settles off easy one-step then. By then most big-house's and MMs have closed their shorts against their inventory positions and the real move gets set to come in as they move to reload inventory "size to buy" shows up on the gunslinger's screens and POW... POW.... POW she ratchets up now in a five step. The lingering short money can no longer stand it. "Size to buy shows up on the screen again and YIPES she ratchets up again. There's no stopping her now as the Editor of BusinessWeek decides to put Cymer on the cover of next week's magazine. Eventually the "size to buy" stops appearing on the screens and she settles into a sideways pattern until the next least line of resistance is determined.

Long way of saying "when the Bear's caught in the trap -yes, it is possible for it to chew through its leg to get out - but, it leaves the Bear wounded badly, crippled and a bloody mess in the process.

Gory thought isn't it.

Good Luck To Each And All

Curly
~~~~~~~^^
[6.6]
.....>
[_]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext