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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: EtTuBrute who wrote (60158)1/10/2000 10:22:00 PM
From: Mike E.  Read Replies (1) of 108040
 
CLIC: Anyone else getting frustrated on this one? Gaps on the open, reaches over 48, then closes down at 45, with NASDAQ up a ton. I just dont get it. Am I missing something regarding CLIC??? Makes no sense to me??? TIA

I'm still holding this. It has frustrated me and I hold too much as a percentage of my total portfolio, so I sold some of the 44 - 45 shares today at 47 to lighten up a bit.

I have, in effect, averaged up again. I still hold too much CLIC but feel a little better about it now and took small profits in the process.

I will sell periodically on the way back to $60 (assuming we get there again, of course) but am prepared to hold long term if I have to. In other words, I will hold indefinitely as opposed to selling for a loss on this one. If it continues to drop, I will reevaluate based on volume, etc. and consider buying back some of those recently sold shares.

mike
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