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


To: Zeev Hed who wrote (18716)7/25/1998 3:06:00 PM
From: ben luong  Read Replies (2) | Respond to of 25960
 
Cymer short interest shows bad signs

6/98 2081746
5/98 1917041
4/98 2153696
3/98 3799401
2/98 4159581
1/98 4061600

From 1/98 to 6/98, CYMI's short interest has already reduced by 50%,
but the stock price has not recovered. The reduction in short interest probably occured during the end of 4/98 run-up (high as 27 1/2).

It looks like many shareholders were willing to sell their shares at a much lower prices.

Or the big money knows something average investor like us don't?