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.
Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%Nov 5 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ron Harvey who wrote (2390)6/4/1998 7:07:00 PM
From: paideia  Read Replies (3) of 5736
 
I don't currently have a position in CCSI, but I follow this thread. If I take what people say who are long -- like janeybird, Randix, Skipard, Manfred, et al, -- and I believe it (which I do), then it seems to me that there is a VERY sizeable long position being held by contributors to this board. And I mean VERY sizeable.

It also seems that there is considerable anticipation with regards to the announcement of The Deal.

So what I don't understand is why this isn't a classic and visible case of many people holding thousands and thousands -- maybe even millions -- of shares that they "bought on the rumor?"

When The Deal is finally and ultimately announced -- which I genuinely believe will happen -- who's going to be around to buy what looks like a lot of shares that will be wanting to "sell on the news?" Looks to me that if The Deal were to be announced tonight after the close, CCSI might end up gapping in the AM, but could actually end up closing under the $12 it last traded at this afternoon.

Seems like that Exit could get VERY crowded.

Unless of course, everyone in here has a very well-reasoned and rational exit strategy already worked out. :-)
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