Cityscape Financial (CTYS) Message Board

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Non-Tech : Cityscape Financial (CTYS)

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To: Ploni who wrote (1330)	10/23/1997 10:06:00 AM
From: Ploni	Read Replies (2) of 2544

The suggestion has been made that we'll see a global hike in interest rates as a result of the Hong Kong market crash. Higher rates would benefit Cityscape. CTYS seems to be showing stability this morning; at least, it's not down another 20%. I think at this stage there are better candidates for short sellers: China Telecom is a prime candidate for shorting; shoot, why don't y'all join me in shorting AVNT! -- that dog won't hunt. I think the shorts will begin covering CTYS at these levels to: bank profits, find greener pastures, and avoid a potential short squeeze. - a hopeful loooong

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