Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Shane Stump who wrote (1817)	12/14/1997 4:18:00 PM
From: Rational	Read Replies (2) \| Respond to of 2544

Shane: I was reading this thread this morning. Let's be clear that I got into CTYS long after you did, after announcing that you had bought 25000 shares and that you felt great about CTYS's low EPS, and that you expected to pay off the mortgage, etc.. Sure many of us got lured to CTYS and lost. I did some analysis based on a limited information we had. But, I detected the problem around 9 3/4 and by the time I could quit, it was 9 1/8, which I had posted immediately here. The point of my entry was around 10 1/2 when Bear Stearns extended $300 mil credit and the stock did move from that point to $12+. The point of my exit was when CTYS filed for extra shares and the stock began falling. If any one really trusted my round of analysis for quitting, he/she could have saved a bundle. Sankar Zeev: BTW, if you are an expert in the stock market, you would be a billionnaire who wouldn't be wasting a huge amount of time to make numerous posts on SI. Incidentally, Zeev, I did not recommend to short YHOO at $50, although I talked about YHOO as one of the over-valued stocks when it was in that range. You can verify the YHOO thread that around the same time (when the stock was at $50) and I posted that it could go at least up to 60+ by mid-January. I had also posted that I was not a short on YHOO (go and verify).