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Technology Stocks : Cymer (CYMI)
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To: George Coyne who wrote (10692)11/28/1997 2:16:00 PM
From: Cymeed  Read Replies (1) of 25960
 
Thanks, George. Judged from the substantially lower trading volume during the last few sessions, I would (wishful) think that the shorts can't find any more shares to borrow. Therefore, they can't sell any more. This would be the good side if the shares in a cash account can't be lent. At least I feel better since my shares are not being utilized by the short sellers.

I hope we can start to go side line from here or slow down quite a bit in the down trend slope, which would send a signal to the world that "the dust has settled."

Don't count on it, though. The short sellers can always attack the fundamentals of the poor little Cymi even if they ran out of food (shares to be borrowed).
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