*WARNING* CYI sell-off has begun ?
Ok, something has gone completely wrong with CYI. Trading was very
active only in the last minutes of trading - only 2,300 shares were
bought, everything else was sold in the last minutes (!!).
Total for the day : SOLD = 41,100 shares <=> BOUGHT = 10,000 shares.
Amex Bid on my screen now shows 1 3/8 ; After hour trades were ALL
crossed:
--- price / shares / bid / ask / bid x ask
17 - 15:54 ba A 1 5/8 A 1 11/16 68x1
17 - 15:54 A 1 11/16 2,000
17 - 15:54 ba A 1 5/8 M 1 3/4 68x32
17 - 15:55 M 1 5/8 3,000
17 - 15:55 M 1 5/8 800
17 - 15:55 A 1 5/8 6,800
17 - 15:55 ba M 1 5/8 M 1 3/4 30x32
17 - 15:55 ba M 1 5/8 A 1 11/16 30x10
17 - 15:55 P 1 5/8 500
17 - 15:55 ba M 1 5/8 A 1 11/16 22x10
17 - 15:56 M 1 5/8 2,200
17 - 15:56 M 1 5/8 5,000
17 - 15:56 ba A 1 9/16 A 1 11/16 10x10
17 - 15:57 ba M 1 5/8 A 1 11/16 5x10
17 - 15:58 M 1 5/8 500
17 - 15:58 ba A 1 9/16 A 1 11/16 10x10
17 - 15:58 A 1 9/16 2,000
17 - 15:58 ba A 1 9/16 A 1 11/16 1x10
17 - 15:58 Q 1 5/8 300
17 - 15:58 ba M 1 1/2 A 1 11/16 30x10
17 - 15:58 ba M 1 1/2 P 1 11/16 30x5
17 - 15:59 ba M 1 1/2 P 1 11/16 30x5
17 - 16:02 ba A 1 1/2 P 1 11/16 25x5
17 - 16:04 ba P 1 7/16 P 1 11/16 5x5
17 - 16:05 XXX 1 9/16 8,200
17 - 16:08 XXX 1 9/16 34,900
17 - 16:12 XXX 1 5/8 5,000
17 - 16:14 XXX 1 9/16 2,200
17 - 16:18 XXX 1 9/16 6,800
17 - 16:20 XXX 1 5/8 16,100
17 - 16:38 XXX 1 1/2 78,600
17 - 16:42 XXX 1 7/16 48,700 ---
What the hell is going on ? I don't like the after hours trades which
were held back. If these trades are reentered by tomorrows opening, I
have no doubt that CYI will open substantially lower (1 1/8 ????).
Does this have anything to do with the disclosure of the financial
details regarding the stockdeal with Omnidata due within 1 1/2 weeks ??????
Or has it something to do with the convertible bonds issued to the
Korean Investors ?
It is about time that management sends out a pressrelease regarding
their view on the stockprice action of the last weeks and especially
about the takeover of Omnidata. How much liabilities and dilution will
this add to the stock ?
As long as this is not clear, the stockprice will continue to decline
as there are virutally no buyers but only sellers of the stock.
A very very very angry cyi stockholder. |
