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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?


To: Rational who wrote (1243)10/21/1997 9:00:00 PM
From: blankmind  Read Replies (2) | Respond to of 2544
 
-- NBR reported that CTYS was down on rumors that Michael Price was shorting the stock. And that CTYS has hired Bear Stearns to increase the value of the company.

-- BTW, no one can predict the bottom any more than the top. My guess is the price of CTYS can go lower. But it eventually is going back to the double digits.

-- Like NBR indicated, much of the selling at this point is short selling. Those shares have to be bought back. When they are, things can get real interesting.

-- Out.