Short, short term I had a target of $22, but it run smuck into resistance at $20 (same spot as earlier this year). I think it might trade in a trading range of $16 to %20, any break either above or below, IMHO, could indicate a future big move. Right now, I am afraid that the analysts are going to shower the segment with down grades. Kurlak was the last hold up to be positive, so no one else is left to turn positive (VBG). Whatever the price action, the company has a great technological edge and a gifted management, and that is what counts most.
Asa for old news, a lot of freebies do not remember that note, and to me the issuance of that note was the signal to start and pay attention to CYMI.
Zeev |