SI
SI
discoversearch

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


To: jeffbas who wrote (15999)3/24/1998 11:54:00 PM
From: Curlton Latts  Respond to of 25960
 
"""Short covering and short squeeze are two different things"""

The DOW Jones news release clearly states: a resulting short squeeze

Message 3822330

A short squeeze is a short squeeze; catastrophic losses are sometimes seen, windfall extraordinary gains are also earned.

I expect that CYMI will also see an explosive upside run from a short squeeze as a result of the company's stellar fundamentals and the huge, exposed Mr. Master Of The Universe Knucklehead Smith 4 Million Shares Short In 60 Days Regardless Of Price Man getting caught with his pants down as the entire group firms and turns upward. There's no stopping a company like CYMI with its 50% L-T earnings growth.

Thanks to anyone who sells their shares, because I'm buying them. This stock will fly upwards at the least indication of an upturn when the investment house that's short the stock begins to feel the pressure.

The entire group looks firm, with upward tendencies, APM's jump up just might be signaling confirmation that the run is about to begin.

techstocks.com

Good Luck To Each And All

Curly

~~~~~~~~^^
[6.6]
.....>
[_]




To: jeffbas who wrote (15999)3/25/1998 12:20:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 25960
 
(OFF TOPIC) There's all types of reasons to cover or get squeezed to cover.

When a stock takes a sudden turn upward on heavy volume it's either a suckers rally and the stock's in trouble or something's usually up..

None the less, it makes people concerned and with 10 million short on a 22 million float they might want out before trouble.

Remember Centennial Technologies (CTN)? something like that? They made peripherials for laptops (modems etc..) and fell from something like $30 to about $2-3 when it was disclosed that the company was full of s*it etc.. - That was a classic squeeze because all those shorts that were right had to cover quick while they had time. The stock went from $2-3 to $9+ in one day as everyone panicked - then the company and the SEC shut down the trading at about 2:30pm and the stock hasn't traded since.

So what's up with APM?? I have no idea but you never know?? Today's trading is mellow.

Aloha