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

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To: To_A_Million who wrote (62753)1/14/2000 10:06:00 AM
From: JOED3  Read Replies (1) of 108040
 
CLIC looks like a solid investment for the forseeable future. However, I wouldn't be surprised if it's strong price action doesn't continue in the very near term.

We saw this same thing happen last week with ITRA, also a B2B startup. The stock was incredibly strong(so was the market) going into their earnings. After they reported it tanked, then made one little rally, then it really tanked off highs around 79 to the low 50's.

Their earnings were much stronger than expected, and they got a Strong Buy from Bank America with a $135 price target. And what happened, it basically sank straight to 52.
It has rebounded a bit now. And I've been buying more almost every day this week.

I hope CLIC bounces high today for all you CLIC longs, but I'm not gonna be that surprised if it doesn't. I don't get it either?
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