For what it is worth I would like to take a crack at an answer to your post.
CCSi has some very large, long term holders, some of whom are over 18 months still with some gains. The balance is held by small traders, who have bought on margin for the deal, and will be sellers on the news.
I assume the short position is over 4mm shares as I type. I also assume that CCSI is under incredible pressure from some real pros, and some who are bottom fishers who smell blood. What intrigues me, is that these geniuses are very late to a party that is going to shut the door on their feet pretty hard in the short term.
I know what she short story is, and I also know they are so far off base, that I really am shocked these morons run real money, albiet other people's money. Shorts are the low lifes of our business. Some are real pros, but most deal with rumor, lies, scare tactics, misinformation.
We had the street.com story about Dreyfus, and that is history, we have heard about Janssen, Meyers, and that is history, we have heard that the hospitals don't want the product, and that is A LIE, doctors dont wan't it that is A LIE, pediatricians don't want it, A LIE, size of market, and they are purely uninformed, but they keep coming with their secret phone calls, short CCSI it is going to 0, it is sham, Darby is incapable of delivering, product doesn't work, A LIE.
We have FSCO, the Fiero Bros, who normally pick on undercapitalized underwriters who bring out new issues, and cannot or do not support their stocks, and they are easy prey, they are the worst of the worst. They deal on fear because they have deep pockets, and are merciless, but in this case they are also clueless. We hear about more coming, let em come, they are the poor stepchildren of Avalon, no research, pulling up old documents, and slanting or misrepresenting the truth. Slime, inuendo, fear, pound the stocks, criticize management, lie, smear, etcc....
I beseech one of these lowlifes to present their factual case on the board, let us have a real discussion, cover all of the bases, but no, we deal with David S, Carlson , Pink, gutter rats, no facts, just loud hyperbole.
CCSI is in a position of fighting windmills, because their hands are tied as they are in negotations which require confidentiality. Sure the deal is long in the tooth, they will have no deal, the market is a fraction of what we think, the product has no demand. Stay tuned.
Now, WHAT IF, we get a deal. I believe there are over 4mm shorts, and a lot of this has not been done legally. I mean it has not been borrowed, but is being done through Market Maker accounts, CCSI is non NMS, so the uptick rule does not prevail, so they can pound the heck out of it without an uptick, and a lot of stock is carried on the books, so to speak, a true violation. Nothing will ever be done about it, because it is the way the system works.
So the day of the deal , sometime in my lifetime, a portion of the short interest is in retail hands, and margin calls will finally go the other way, to the tune of 500,000-800,000 shares. I know a number of longs , who have small cost basises who will be happy to add 25%+ to their positions, because they will be playing with the houses money. There are a number of institutions, and MM's who are awaiting a deal, because the pendulum can swing 2 ways, and they can smell blood also. Where is the stock going to come from, a lot of small investors, who are finally making some money, or are even, GOOD LUCK.
The pros, I use the term loosely, will short more and more, look at RADAF another of my stocks going throught the same drill for 6 months, we are getting the stretcher ready as I type. This will be an instance where the shorts are going to have a real hard road, because the buyers are as big, if not a lot bigger, and we will be as relentless up as they are down.
I am the only long smiling, because this is going to be the sequel to the "Thrilla in Manila", and is going to be a knock down and drag em out fight. They are using smoke, we are going to use fire. There is chum in the water tonight, and the sharks are circling, but Quint is dead, and it is just us little guys that are going to kill the great white sharks. Gentlemen, let the games begin.
Mr. A bring on your best shot, but don't bring blanks. Make sure you have done your true DD or it is going to be ugggllllyyy. |
