IMHO
There NEVER was a short squeeze. HYPE- Funny thing, CSMA is a good company. I don't think those who were hyping it expected it to do as well as it has. They knew some about it, but news got better. They took their profits...the stock dropped. Still, CSMA is a good company. The squeeze doesn't happen as much as is believed. How many stocks out there? If I was to short a stock, I think I would short one that REALLY has some volume! Easier to hide it. The basic thing to remember is, the mm's are pros. You can't beat a man at his own game! You have to play by his rules. Or maybe you can catch him off guard. Still, he's a pro, he knows how to get out of it. They can play games with the stocks, and they do! I know one thing, when I bought, MY trade was done while I was on the phone and I checked the price on real time! No one held my order. They could have held it some other way, I could have been lied to or tricked, but I paid exactly what the real time, and my broker, said it was. Also, I don't think everyone called for their certs like they said they did. Not that anyone is dishonest or anything. I'm sure NO ONE on SI would do such a thing! Find a stock that has strong fundamentials, low float and a real low price, get a large wad together, buy up the whole float, hype the Heck out of it, and sell slow! NO PROBLEM!
For those who feel they were taken advantage of, sell. There won't be much pity here. This is where the pros play. When they want to short a stock, you can't do anything about it. I still don't think it happens as much to these small stocks. BEWARE: Check it out BEFORE you buy! I couldn't believe those who came on the thread and excitedly posted... "I'm IN!" What is the news? What does CSMA stand for? Ect. It was a real eye opener for me! HYPE You have to do your own dd and read between the lines!
Thanks! Still Go CSMA!!!!
LONGfellow |