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


To: Cymeed who wrote (10695)11/28/1997 2:54:00 PM
From: John Bloxom  Respond to of 25960
 
<<The short sellers can always attack the fundamentals of the
poor little Cymi even if they ran out of food (shares to be borrowed)>>

Those who chased this stock from 90 to 98 pre-split did so because it seemed like it would never look back. They got hurt.

Those who are shorting at 19 post-split are doing so because it looks like it will never recover. They will get hurt.

I know several short sellers in this issue, each of whom is very, very good at that line of work, and they're long gone. Positions closed, profits (substantial I might add) booked.

Anyone shorting this company now would have to be brain-dead.

Regards,

John