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

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To: ZenWarrior who wrote (16820)2/27/2000 11:42:00 PM
From: ClearSky  Read Replies (2) of 19700
 
Zen,

Your points on the overall option scenario are good ones...it's difficult to draw a specific conclusion. However, I think you can get a good idea of general sentiment on a stock from put/call info and short sale information. So I'm happy to see a good amount of outstanding shorts, and happy to see alot of put activity, because it tells me that not everyone is bullish on the stock. Because when everyone decides that you need to be in a stock, the story is usually approaching a top.

Thanks for all your insight on upcoming events...will be fun to watch.
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