Jacob, if your buying of CYMI is to position yourself for the eventual recovery of the sector, you may be right and that could be premature, however, you mat want to buy CYMI here just for at least a good trading opportunity, until it becomes clearer if the segment is going deep into the soup, or emerging soon.
I am of the opinion that we may see another major dip in the segment later this year but from here to the end of July, I think that CYMI could get to the 20 to 22 area, and in my book, it is a least a good "trading opportunity".
I think that the more fundamental questions you asked were ably responded to by other threaders, so I won't even attempt a take.
Zeev |
