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Technology Stocks : CMGI What is the latest news on this stock?
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To: im a survivor who wrote (15741)1/12/2000 5:09:00 PM
From: DAX KIMPO  Read Replies (1) of 19700
 
Volatility of CMGI is so much that even in a downturn, one can still make money trading options arround it. My gut is we are due of a bounce back, because I'm starting to get cold feet (my indicator?). Besides, I did not buy back all the calls I've written, I plan to buy all of them if it touches 50 ema (106).

I think a good trigger of a rebound is an upgrade of AOL, analyst will probably justify the merger, so they could sell their positions. Then it's time to sell calls again. This is JMO. Regards!
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