and at these levels and for what reason(s)... panic, revised earnings projections, or perhaps some well-kept doom & gloom secrets which only the "privied" have knowledge of. Either way, after looking at the price of CY, one thing is certain, something is wrong here.
I think it is pretty clear that margin calls and the institutional holders are contributing to this disaster.
I could weep when I think how f#$cking stupid I was to get involved in this failing company. Incredibly (in hind sight) I bought this THREE times for an average of FORTY-SIX! It is my single largest disaster. Each day I look and think it can't possibly go down any more and crash! Another point. Or two or three.
I wouldn't be surprised to see Cypress sink to single digits. Of course, if it does, we'll be able to brag about its super P/E!