SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Carnegie Group(CGIX)-hidden gem?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bill small who wrote (31)2/27/1996 6:07:00 PM
From:    of 144
 
Hi Bill, is it really significant?

I know a single point or half-point drop on a low price stock is
obviously significant in percentage terms.
However, I think it is important to note the volumes. Trading has
been thin for some time and I expect it will remain thin until we
approach the next quarterly results date or significant product
announcements.
Given thin trading, the price can very easily sway either way.
For the past several days,the price has tended to dip and then make
its way back up again. Unfortunately, today it did not make it back
up 2nd time round.

I have several technology stocks in my portfolio and I am usually
quite quick to short when a price starts to fall. However, the
general profile and bits and pieces of news we have on this company
are all quite positive. (I appreciate Marie and your contributions in
this regard - please keep watching out for more). I personally would
allow it to drift as low as 6 before jumping ship - by the way I dont
expect this to happen. I expect it will hover in and around its
current value with a gradual rise over the next few weeks.

Anyway, I am no expert, just a humble personal investor with some
financial training who is doing quite well so far (fortunately).
I recently invested in APLX for reasons which had some parallels with
my reasons for investing in CGIX. In contrast, I also invested in
CCEE which I considered highly speculative. Point is that for me,
CGIX is one of my more reasoned (rather than speculative) investments.
I am going to hang in there for quite a while barring any sudden
sharp shocks.

Regards,
Duke.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News