LzzrdKing:>>We need...to shake out all weak hands<< No. More earnings will do the trick fabulously. This stock is only where it is because certain money guessed wrong on the great underlying fundamentals for CYMI. There is some huge institutional block buyers every day looking to BUY CYMI. They don't want to move the market on their BUYS so the blocks aren't trading yet. The banking houses and market makers trying to scare up these blocks haven't been able to find them. When they want to buy stock how do you think they do it - by taking the bid up - no way. When they want to buy stock they take it down on low volume. As long as they can avoid the steamroller pressure from big earnings growth they'll play the game.
This stock's huge 30+% short interest knows it can't cover anywhere close to these levels because if they tried they'ld get hoisted on their own petard. So, what is the game plan to get out of the trap? First, take down the price and try to cover in dribs and drabs on low volume hoping nobody will notice. Foster a lot of *wrong* rumors about competition, product quality, etc.etc. to create uncertainty. Next, faint a down market in other semi equip stocks by shorting them to create the illusion of general group weakness. Hope that Joe Six Pack will go for the ruse and get out of the short as soon as possible, especially before continued strong earnings come in.
And this last one has been the biggest problem of them all, because, notice one thing. The word hope. That has been the achilles heel to these certain money interests for some time now. These guys are doing the exact same thing that Joe Retail used to do that created the coined term "the public's always wrong". Joe hasn't kept up with his end of the arrangement and they're in the unenviable position of being put in a switchbox. When it gets hammered home once again that they don't understand technology on Wall Street and blockbuster earnings come and come out again and then grow from there they're hope will become real fear and then panic while the stock pushes to infinity. Meanwhile, Joe public will pour another net $20 billion into the equities markets for the month and not think twice about it.
The real panacea can all be summed up in three words - earnings, earnings, earnings. I think CYMI is sittin pretty on that front.
Good Luck To Each And All
Curly
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