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


To: pcyhuang who wrote (2040)1/23/1998 8:09:00 AM
From: Brooks Jackson  Read Replies (1) | Respond to of 2544
 
Paul: What would be the purpose of entering a buy-stop order at $1.30? Does it mean those potential buyers are betting that CTYS will take off, but only if it goes that high first? Seems senseless to me. If these folks think CTYS will go up, why give up a 30% profit before getting in?

I guess this is further evidence of the perverse psychology of stock buyers -- like buyers of Scotch Whiskey, the higher the price the more they want it.

I'll take your post as a positive sign.



To: pcyhuang who wrote (2040)2/1/1998 8:24:00 AM
From: pcyhuang  Read Replies (1) | Respond to of 2544
 
Further increase in CTYSC's short interest

It is interesting to note that for the month ended Jan. 27, 1998.
short interest in CTYSC had increased to 5,783,354 from 4,746,499 for
the month ended Dec.24,1997.

pcyh