Let me make sure I understand you......
You don't own ANY shares, and aren't short according to your recent post, right?
So how exactly can YOU be critical of anyone else that DOES have a position at least?
Don't you think that is a bit hypocritical (and childishly egotistical) to think that YOU are the exeption to the rules you impose on others while judging them? This isn't High School anymore..... at least not for most of us.
And yes.... we will remember that you (the self-proclaimed great Gunner) "warned us" that the company will warn about "future Q".
And..... if they don't warn, you'll have proved to us that you are nothing more than a worthless options gambler, flapping your gums ("TheGummer") to help your momentary gambling position, like your twin from the past on this board that lost all his money.
Gee..... I just did a search by author and..... Mr2's has disappeared from the entire Yahoo message board system...... I wonder how that could be...... LOL :-D
Goodbye Gummer, your posting will not be missed.
I will not post here anymore.
I'm not saying the company will warn for Q2 but for future Q.
Just remember thatthe Gunner warned in advance.
Its waste of time to post here anyways,
since all the readers of this board hold 500 shares together.
Not sure what planet you were on...but everyone, with any knowledge of the industry at the time, knew well before the announcement that the company was going to warn (ie. the stock went down 25% in the month before the annoucement...see figures below). That's why it had already declined. To bad if you were one of the ones who couldn't face reality.
If the company was unsure about hitting their numbers in Q2 '03, they would have not surpassed their guidance by so much in Q1. Yes, there are many legal ways to do so.
Don't forget...CMVT is not just Comverse. Verint has been carrying this stock recently and will into the future. If the company can turn Comverse around again, look out. That said anything is possible...so keep an eye on the whole picture and you'll know what this stock is going to do before the street reacts.
07/11/2001 25.950 66,058,000
07/10/2001 39.020 22,016,000
07/09/2001 43.760 12,568,000
07/06/2001 49.630 4,422,900
07/05/2001 53.380 2,752,600
07/03/2001 55.920 2,172,900
07/02/2001 57.100 2,202,900
06/29/2001 57.100 3,881,200
06/28/2001 57.210 3,705,000
06/27/2001 56.220 3,964,200
06/26/2001 56.480 3,602,000
06/25/2001 56.800 4,388,900
06/22/2001 57.810 6,474,600
06/21/2001 53.790 7,357,000
06/20/2001 53.130 6,406,800
06/19/2001 53.600 7,151,200
06/18/2001 56.020 5,428,400
06/15/2001 59.930 6,013,100
06/14/2001 58.710 4,988,800
06/13/2001 61.880 4,857,100
06/12/2001 65.910 5,128,700
06/11/2001 66.880 2,640,000
The guys on this message board can't change anything with a stock like CMVT that trades 3M+ per day.
Check the nasdaq.com web site, select info quote on CMVT then check the short history.
You will see the short interest for the last 12 months.
Actually, last November the short interest fell big.
The shorts know this company better than longs.
Before the company warned last time, everything was looking great,
the company gave gerat guidance but the short position swelled.
Only few days later, the company warned and the stock fell from 65 to 20,
for people with short memory.
Thats is why they got class action against them.
I'm planing to buy puts on Monday, when the market will reach its peak.
The funds will everything they can to push or at least hold the market here at this levels until Q2 is over, so they can show great returns.
Ask yourselves, your insiders and employees sold hard this week if everything is fine and dandy?
I hope it gets to $17 by next Monday so puts will get cheaper to buy.
If we "have to be an idiot to check short interest in Yahoo", then.....
where exactly do YOU check for the Short Interest, and how often is that source updated?
Rather than just appearing critical of others and negative, maybe you can provide us with some useful information.
TIA for your detailed info and supporting links. :-)