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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: Gurupup who wrote (2214)5/20/1998 1:58:00 PM
From: George Kirlin  Respond to of 5736
 
Well said, Skip. Hope Italy and the rest of the trip was nice. Welcome home!



To: Gurupup who wrote (2214)5/20/1998 3:43:00 PM
From: Ron Harvey  Respond to of 5736
 
As a non long-termer, I had gotten out again at 17 in early May, then renewed my position in the 13's a week or so ago, holding some cash back in case the price dropped once again. But the trading seems firm; the ongoing delay looks like it may have lost some power to intimidate, so I increased my position by another 25% yesterday. Of course, long termers couldn't care less about this, but I'd guess that short-to-intermediate players are mildly curious about what others of their ilk are doing.
Here's a prediction (worth every cent that you're paying for it):
Regardless of the quality of the deal, the announcement will remove a lid from the stock and will attract momentum players, so CCSI should shoot up. Short attacks on message boards will be discounted (for a while anyway) because the shorts can be expected to denigrate anything, typically for a host of irrelevant reasons. Optimistic longs will see any deal as the world's ninth wonder, and that will carry some weight, because most investors are by nature optimistic and want things to be great. So new buyers will be attracted. Then will come realistic assessment. And that could be especially interesting, provided the deal is as attractive as the long termers hope it to be.
My usual inclination is to sell a stock after momentum poops out. But with CCSI, if the deal suggests that impressive bottom-line numbers are in the offing, I wouldn't want to miss a short-squeeze rocket ride. A real squeeze is more than shorts closing out their positions in orderly fashion. It's their being forced to close positions regardless of price. I've never experienced that kind of panic buying from the inside and would really hate to miss out if it should actually happen. With the potential of a squeeze looming, it takes bold traders to be short. (And there's always the potential of upside manipulation by MM's who smell blood.)



To: Gurupup who wrote (2214)5/20/1998 3:45:00 PM
From: BuzzVA  Read Replies (2) | Respond to of 5736
 
3. All the hullabaloo about "chromogenic diseases", get real! Who cares what you call it? We have a worldwide market for a revolutionary product that is going to appeal to every neo-natal unit in the world, every Health Organization, every pediatrician. When a working model can be developed, the burden of proof will fall on some very unhappy short sellers, who will only compound our gains for us.

Can you clarify the emphasized statement? Thanks.