Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: john david martin who wrote (10691)	11/28/1997 2:02:00 PM
From: Cymeed	Read Replies (1) of 25960

Cymi is underperforming the group because it is being haunted by some kind of powerful short selling hands (speculative, but could be true). The first round of assaults against Cymi probably started near Oct. 13 when the stock broke out to above $30, then went to to the lowest of $16.x due to margin call, etc. The current round started when the stock was ready to break the previous down trend line near $23. We are still in a severe down trend. The good news is, volume has shrinked substantially. I don't know if this is due to holiday, or due to the fact the shorts can't find the shares to borrow. But, only those with cash (not margin), a strong stomach, a firm believer in Cymi's future can torelate current assault. BTW, those short selling hands seem to start haunt ASMLF too. Make ASMLF fall like a rock certainly can make Cymi look bad.

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