Thanks Greg...in RNWK at about $72 and change. Just a trade for me as well, unless something happens to change my mind. Whats your exit target ? I'm looking at about $90, although I placed my sell at $89.75 to be on bottom of $90 barrier.
CMGI- I love it. Have held some for awhile. Bought more during the last re-test of $100, and hold several leaps as well. In fact, My leaps with an 02 145 strike, have doubled in the last 6 weeks...maybe 8 weeks top's. I noticed for about the last 2 weeks prior to the stock moving, the calls would move up on days the stock was down. CMGI could be down $3, yet my 02 contracts ( all the calls were as well ) would be up $1.50 or so........CMGI is long term hold for me. I wish I had the balls to put 90% of my funds into it and let it ride. As it is, I still hold a sizeable position and will be happy with it.
Didn't you take a taste of IARC ? Man, I started buying it at $2.00, bought it all the way down to .68cents over the holidays. Ended up with a boatload. I sold some at $5, some at $10, and some at $17. Now it's at $24 and word is $80 should be easy by end of year. I still hold a good chunk, but am kicking myslef for not keeping my boatload intact. Did you ever do anything with it ?
Have a good one
Keith |
