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


To: Ploni who wrote (1330)10/23/1997 10:06:00 AM
From: Ploni  Read Replies (2) | Respond to of 2544
 
The suggestion has been made that we'll see a global hike in interest rates as a result of the Hong Kong market crash. Higher rates would benefit Cityscape.

CTYS seems to be showing stability this morning; at least, it's not down another 20%. I think at this stage there are better candidates for short sellers: China Telecom is a prime candidate for shorting; shoot, why don't y'all join me in shorting AVNT! -- that dog won't hunt.

I think the shorts will begin covering CTYS at these levels to: bank profits, find greener pastures, and avoid a potential short squeeze.

- a hopeful loooong