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

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To: bob zagorin who wrote (19644)3/28/2007 6:03:40 PM
From: Arthur Tang   of 19700
 
Depends on total investment amounts.

Small investors can hold for potential of $100; if Lawler plans it that way. No capital gains tax liability.

Large stockholders have to talk to market makers for guidance or become a stock and cash pool.

Day traders love this volume. Typically 100,000 shares needed for penny profit each trade. Hopefully do 35 trades a day, making $500-1000 profit per trade. Noticed that some got caught without cash at the end of a day, or did not clear out position before lunch period between 1-1:30PM? That is rosky, if you are scalping the market makers? Less than $5 stock needs less capital.

We do business plans so the investment amount is small, and diversified, holding until the company gets sold. M&A is the cash out?
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