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Strategies & Market Trends : CNC: Irwin Jacobs And The Temple Of Doom -- Ignore unavailable to you. Want to Upgrade?

To: donjuan_demarco who wrote (59)	8/24/2000 7:26:33 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 111

You think that's "strategic genius", they don't hold a candle to this effort: With CRDS trading in the low-mid $13s this AM, up from $12 5/8: "CRDS...looking to break out strongly over the next few days...short-sellers begin to lose their grip." Message 14267176 Late this afternoon, with CRDS reversed and now barely hanging on to $11: "The whole idea of my making alerts on CDRS,(sic) ASYS, or similar type momos. . .is to prompt the many short-sellers that read this thread daily into "overshorting" a stock" "I am looking for CRDS gets overshorted back to single digits today. . . which is why I have prodded the short-sellers today by making momo alerts. It helps to make an explosion all the more dramatic." Message 14269699 An hour later CRDS announces dreadful earnings and was trading around $8 last I heard. Meanwhile: "already getting slammed nicely back into single digits in AH. . .much better entry points now. . . there is no doubt that CRDS is OVERSHORTED like a spring. . . just a matter of time now. . ." Message 14270500 This guy's obviously way too smart for most of us. No wonder he got voted Most Valuable Poster on this entire site.

To: donjuan_demarco who wrote (59)	8/29/2000 8:05:13 PM
From: Kevin Podsiadlik	Respond to of 111

Day 23 (22?) -- back on the original theme, today is the first significant up day (by that I mean the first day potentially worth shorting into) since the WSJ ads came out. This could be attributed to many things (see Archer's post on the main CNC thread), but a short squeeze does not appear to be one of them, if only for the reason that borrows were not a problem. Volume was on the high side of the recent range but nowhere near the levels around the time of the earnings report, much less the week of Wendt's hiring.