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Cimatron Ltd. Message Board

  • djhmk2 djhmk2 Mar 22, 2013 11:47 AM Flag

    Tuesday's buyers

    Will be ahead $1.875 million total on the 2.5 million share offering. Not bad for one day's purchase.(based on current price of $6 per share. The market does not make much sense. Why wouldn't the PO sellers sell slowly at this area near $6 instead of at $5.25 ? Braindead maybe?

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    • djhmk2,

      Dude, I have been reading your posts and wondering if you're short. If you're short, are you waiting for the price to drop so you can cover or are you a long who missed buying in the low $5s? Which one are you?

      • 1 Reply to fesishandsome
      • Fesi: I bought yesterday at $5.36 & $5.57, but sold all shares yesterday at small percentage gain because of what I felt was too much risk in this Jewish stock. I do not believe we have seen the low yet (that being $5.35 yesterday) despite today's pop, but I have been wrong many times before. If the PO buyers sell off slowly they could keep price low. If they hang on to it the stock could go artifically higher again until they sell it off. The stock is worth what it sells for; no more or less. When anyone sells 27% of the company for an 18% discount that isexactly what it is worth that day to the buyers & the sellers.

    • Please don't refer to CIMT shareholders as Republicans...

      Sentiment: Strong Buy