SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Czechsinthemail who wrote (13620)1/30/1998 9:58:00 AM
From: Candle stick  Read Replies (1) of 25960
 
Baird , Isnt that the craziest report you ever read? Downgrades and reccomends buying.....wall Street analsts are not worth sh**. they want to have it both ways and will always try to say they were right.....driving the market this morning are a combination of 3 things....

1) Morgan Stanley upgrade to OUTPERFORM. MS is one of the few analysts on the street widely respected.

2) Short position of 4 million shares.

3) News of a 50 million dollars share buyback. (Aprox. 3 million shares)

Ultimately what we have here is a massive short squeeze going on, as people realize that between the short position and the buyback almost 1/2 the float could be bought in SOON............;^)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News