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CaptWhizbang

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CaptWhizbang

Re: gene_genome post# 14518

Tuesday, 01/15/2013 2:01:36 PM

Tuesday, January 15, 2013 2:01:36 PM

Post# of 29220
Of course, you must follow your own strategy and do what you got to do, with caution.

10 out of the last 12 short reports show short shares decreasing. Short Shares are down 30% from June. Is it just coincidence that CPST is also forcasting profitability within the next two quarters? Why would IHs be bailing on CPST now by dumping shares when it is going to become profitable? I don't think so.
http://stockcharts.com/h-sc/ui?s=CPST&p=D&yr=0&mn=8&dy=0&id=p14445791190&a=268854273&listNum=1

And as you know, several of the biggest share holders of CPST shares are Hedge Funds. I believe that they, the Institutional Holders, are reading the tea leaves and buying to cover for their next move.

19 days to cover and about 18 days to 3Q.

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