I am not expert on CCMP but I believe their products are a prerequisite required material on all production coming off smaller geometry fabs. Since these smaller geometry fabs are most cost efficient, they tend to be the most utilized when capacity utilization dips as now and these smaller geometry fabs in the works are not being canceled as much as one would expect, so in conclusion I would not want to be short this stock unless I had some proof their future prospects sucked and short interest wasn't at record high.
DOW 9000 and S&P 960 anytime in next 5 trading sessions.