Curly: Re: "ASMLF certainly has moved up with this run since October. ASMLF just never dipped like CYMI - neither in October nor December."
Funny, I bought ASMLF in October at $13 5/8 from a $50 or so top. Seems like a big dip to me. Bottomed close to 2:1 ratio to CYMI. Besides, I am talking about the run from January 1 onwards. Historically, CYMI can have relative periods of outperformance with ASMLF but then can fall back. That is my point.
Re: "That is despite ASML reporting earnings down 54% and giving a flat forecast for the next quarter or two."
And this is good news for CYMI short term?
Re: "When the market disagrees with company predictions and SI poster predictions the market is the better bet. Predictions are often wrong - the market isn't."
No, the market is not often right. It is always right. And here the market did not disagree with my forecast at all. So what's your point, Curly?
You are right, however. Predictions can often be wrong and I can be wrong just like the next guy. In fact, there is this fellow on the CYMI board who has been predicting a CYMI moonshot for over a year now almost on a daily basis. And this guy has been dead wrong and the market has been right all along.
Re: "The fundamentals for this business continue to look better and better on a go forward basis. That is why the stock is trading up. That is also why other semi-equips are trading upward despite reporting last quarter losses."
Duh. Everybody knows this. As a footnote, CYMI traded up two days ago on heavy volume when the semi-equips were going down. Smells like some short covering to me.
Curly, stock prices tend to fluctuate and not necessarily go up in a straight line. You know this after 1 1/2 years on this board, right? I sure hope so. |
