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Cathay General Bancorp Message Board

  • jamesbird79 jamesbird79 Sep 12, 2008 11:24 AM Flag

    Shorts by the shorts

    CATY up sharply in down mkt. Low volume. Aug 12th 14.5 million shares short over 30% of the float. It will be interesting to see how many got out in the last month when the numbers are reported next week. So much for a broker down grade on the stock. Is it likley he was trying to help the shorts out. Don't sell for less than $30.

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