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Cymer Inc. Message Board

  • rudedude_2k rudedude_2k Sep 24, 2012 12:36 PM Flag

    Where did our resident pumper go?

    Anyone know why CYMI is dropping so fast?

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    • Its nice that the PUMPER is GONE. Stay gone pumper. NOBODY needs that. CYMI should have never been that high in the first place. The sector is getting hit and CYMI should outperform the sector on the way down and it has. CYMI has been a big letdown on the long side over the years. Fundamentals have gone to S_____it with just .08 EPS for this quarter. Analysts looking for 1.91 for 2013 which is a big increase over 2012 but in the scheme of things, $1.91 isn't anything to write home about either because CYMI used to earn much more than that when the stock was in the mid 40's. Technically, broke the 200 day and with all 3 moving averages pointing lower, any tries on the long side have to be quick/swift with the sell button as a bounce doesn't look like it would have that much going for it. On the P&F an uptrend that was established in 2011 is now broken with another triple bottom breakdown on the 1X3 and while CYMI has held its own on previous triple bottom breakdowns this time looks different since the uptrend has been taken out.

 

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