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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Asymmetric who wrote (10630)11/27/1997 9:24:00 AM
From: Cymeed  Respond to of 25960
 
Thanks, Peter. But imo, I don't count on those analysts. They are the ones either having powerful clients who happen to short Cymi, or just know the stock was going to fall, then downgrade, and advise their clients to wait "until the dust settles."

When the dust will settle ? I still believe the shareholders have to fight back against the longs and form a squeeze, therefore the shorts start covering. Only when that happens, "the dust will settle." Folks the shorts are not covering, they are still shorting at this level ($19 ~ $20). Do you think those shorts are dump people ? No, instead, I think they are extremely smart people, at least smarter than those of us dreaming of a price pop-up while the shorts are having their urgly hands over our heads.

The dust will not settle easily. Even if the stock pops up to $23, $25, the shorts can still win the final battle, which is to drive the stock to way below current level. The shorts are confident. They know they still have more weapons to be used against this tiny stock, that's why they are not covering.



To: Asymmetric who wrote (10630)11/29/1997 1:34:00 PM
From: Mr. Aloha  Respond to of 25960
 
What a great article. Pump up CYMER for that $172 million offering in August..then leave.

I guess CYMER doesn't need another offering in the near future. Maybe if they hinted they might want to raise $100 million, some suck-up would say nice things? :-)

There's no Black and White, it's GRAY.

Aloha