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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 24.63+0.4%Nov 10 3:59 PM EST

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To: Eddy Blinker who wrote (2651)6/10/1998 1:47:00 AM
From: Kurt N  Read Replies (1) of 5736
 
Having no position in CCSI, it's going to be interesting to watch from the sidelines although I might join the fray and trade this stock.

This short-long tug of war, should cause some good price swings (or so I hope), which should make it good for trading. The long-short saga is entertaining.

I'm sorry that you have lost money are losing money, but that is no reason to get personal/emotional against the bears/shorts. They are pointing out some potential weaknesses with this company, just as the longs point out the potential strengths.

If the company truly has the fundamentals and delivers which translates into earnings (which is a subject of debate) then the 'organized' shorting as you put it is merely a short term effect. Longs that believe in the company should thank the shorters for giving them a buying opportunity.

On the other hand, Asensio has a good track record for spotting spotty companies and the current decline could be just the beginning. Asensio may have been the person to light the fuse (which would have eventually got lit) to the bomb. [ie. As the spots become more and more apparant, even longs would sell driving the price down.] Price declined faster due to Asensio's recommendation, but if it was a spotty company eventually the card house would come tumbling down.

If a broker/analyst puts out a buy recommendation, some degree of weight will be placed on it [but never even if they are dead wrong, do they get any flack]. Put out a sell recommendation and you are the devil [even if you are dead right!].

Kurt
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