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


To: Rational who wrote (1446)10/28/1997 7:01:00 PM
From: Paul Capozzoli  Read Replies (2) | Respond to of 2544
 
ahhh.. thanks Sankar!

Funny, I actually am looking into employment with Bear Stearns for a NY,NJ Information Systems position :)

I wasnt aware and thought that CTYS was falling all day when i saw -5/8 and last trade at 1 7/8. It appears that you firmly believe this stock has already reached rock bottom then at 2.00-2.50??

How could the stock possibly climb to $10 with management in various lawsuits and the company possibly headed toward bankruptcy? What is fundamentally sound enough about this company to outweigh the recent crash of the stock and pending lawsuits that really seem to show advantage to the plaintiffs (stockholders). The company i currently work for who I will leave unnamed, recently had directors selling 500,000 shares @ around 25-30, days before it would start its decline to 9 eventually. The government and SEC will make these people pay dearly for their actions and are looking no doubnt to start setting a precedent on punishing scum like this. They are worse than the bad MM's and should be behind bars.

Please let me know what you all think about these issues. Also, do you think MM's could be trying to short this stock down, thus making it possible for us to squeeze it? I am currently limited to just level-1 type information on stocks and I certainly dont claim to know everything about CTYS fundamentals but will start checking out all the SEC documents tonight :)