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: zturk who wrote (16470)4/11/1998 7:14:00 PM
From: Curlton Latts  Respond to of 25960
 
Earnings to be released April 23 at 1:30 PDT. That's 12 days.

It's been mentioned before and I believe that it's accurate that Wall Street analyst estimates are very low indeed relative to the reality of actual results from operations. The low ball estimates were put out there for to better facilitate the accumulation of shares through the share buyback process and to set the stage for outperforming investor expectations. The entire strategy has been designed to sucker in and then slam the steel trap shut on Mr. Master Of The Universe 4 Million Shares Short In 60 Days Regardless Of Price Man. As a result I expect that as big earnings outperformance continue we're gonna see quite a bit of singed bear fur in a short squeeze that will take no prisoners.

The whole game in this stock by Mr. Universe has been to identify a stock with a fairly high valuation that has a large number of small retail investors that can be stampeded by wholesale short selling of shares regardless of fundamentals. The entire gambit is a trading excercise with the express objective of trying to undermine the integrity of the market and induce investors large and small to sell and thus play into the short's gambit hand. Along the way, a relentless procession of *wrong*, false rumors were spread as an additional catalyst to further their aims. The entire process is dependent on timing as eventually continuing strong fundamentals in the business operations will uncover the lie and Mr. Universe will find himself trapped like a rat. As the upward movement in the stock price builds, Mr. Universe will find himself in an unenviable switchbox situation whereby earnings and stock price momentum are both working against his huge oversold position.

This scenario has happened before and will happen again; right here in CYMI.

Good Luck To Each and All

Curly

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