I can tell you from a very personal experience that his stock can kill you, or come close. But, a very bright light went off in my little head yesterday, and for a smart guy I have been very stupid. I kept saying to myself that the shorts knew nothing that I didn't, but they also were not stupid so why????
DREYFUS,our largest shareholder had a poor record, and the fund was probably going to have to sell some CCSI, and lo and behold they did. Brilliant call by the shorts, they were indeed very smart, much smarter than I, and my hat is off to you. I know the manger of the fund, and he has been a very loyal, and succesful owner of CCSI, bought it at the very bottom in size, and stayed with it. Sold some in December, sold some here recently, and is now probably done for the time being. You do not throw the baby out with the bathwater, and the fund is not going to shoot itself in the foot.
The article in The Street.com was a whorehouse piece, and is usually not their style, but it was trashy and in lousy taste, unless the author really hated the fund manager, a real hatchet job, kind of like the crap in Barron's which they say they hate.
Be that as it may. What does it mean for CCSI? Now probably not much. Dreyfus IS NOT going to sell their last 1 million shares at the market to drive it down for our short friends to cover. this was technical in nature, and a great call, congratulations.
Now what. The conference starts 2 weeks from today. CCSI has hired Hill & Knowlton, one of the best PR firms in the world, who had to sign a non disclosure pact. Not your normal PR deal, sign , pay, and so on. This is going to be a major roll out, exposure, real stories, about real news, about real deals, about real revenues, about real earnings, about a real new product that is going to be highlighted in New Orleans in 2 weeks.
You don't hire the top PR firm in the country, head off to New Orleans to roll out your new product to the pediatric world without feeling very confident you are coming away with a partner, that is going to make all of this come true. I have watched very closely every twist and turn in this stock for over 2 years, and D Day is almost on top of us. Forget the Day, I am thinking about the next 2-3 years, and where we are going, I have said before I am not as concerned as all of you are with every tick of the stock. I am here for the long ball, and it is now Batter Up! |
