CMGI What is the latest news on this stock? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CMGI What is the latest news on this stock?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenne who wrote (5339)	3/8/1999 8:55:00 PM
From: Rick	of 19700

But recc's turn into downgrades at most investment houses after 100% appreciation in the course of less than a month. (assuming they are logical) Of course - some houses issue buy rec's just before they want to dump their stock...At a certain price - no matter how good a company is - or how promising it's future - the stock price becomes overvalued. In this case - this one is waaay overvalued... Promising over the LT yes - positive over the ST no. If lucky - you might get one more good day of gains out of this thing - if for no other reason than short covering..but that's about it for the ST. The "blowoff" (almost always a sign of a top & where the suckers get in) was today..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next