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Re: value1008 post# 4651

Friday, 09/24/2010 10:02:28 AM

Friday, September 24, 2010 10:02:28 AM

Post# of 34471
FWIW - I think everyone is paying way too much attention to the short's comments. We don't need to spend anymore time debunking their theories, because they don't even have any. There is no ace up their sleeve, they don't know something that we don't. They are just making a lot of money manipulating a stock that, up until this point, has been easy to manipulate. Their reign over CCME has been dwindling for weeks now, and is going to be completely wiped out in coming weeks IMO. They are not going to be able to overcome the company buying back up to 3.6 million shares, and the divi (which I feel confident is coming) will deliver the final blow to them.

I know that many here became very nervous when Joenatural went negative on CCME and negative on the market in general. This is not a personal attack on him, but anyone who listened to him sold at what is likely to be the bottom of CCME's trading pattern and they missed out on a 500 point run up on the DOW. Just goes to show that people with a negative sentiment towards a stock or the market as a whole are just as fallible as anyone else. It's time to start taking things with a grain of salt and relying more on our collective due diligence, rather than reacting to fear and smear campaigns.

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