Cymer (CYMI) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FJB who wrote (16828)	5/1/1998 11:47:00 PM
From: Orhan Birol	Read Replies (1) of 25960

Although I posted you back in 5/21 that the stock is headed to 30 immediately, I must admit I was not expecting it to be the next day. I sold all my position above 29 and bought back, pre-maturely below 23 two days later. I was not expecting any upside surprises in the earnings- afterall the the company told us in February what the earnings were going to be! My only explanation for the move was short covering prior to earnings release. Now what? I just hope that the management has not bought back any stock yet and support it until the whole sector turns! I don't watch this thread closely; was there any other explanation for the move prior to the earnings release other than a great looking chart and short covering? Thanks, Orhan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next