DD-CIA Due Diligence Central Intelligence Agency Message Board

STOCKTALK

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.

Microcap & Penny Stocks : DD-CIA Due Diligence Central Intelligence Agency

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: greg Benfield who wrote (85)	7/22/1998 5:58:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 120

We had some run away profit taking in CLCK for a while today but it was recovering nicely before the end of the day. Maybe it was people who made a quick double? Could be. Investors are always making statements like this company could be the next Microsoft. I've even said it myself. Truth is, there is only one Microsoft, and even MSFT has been telling investors not to expect tremendous growth in profits later this year. In my opinion CLCK is growing very rapidly both in terms of revenue and EPS. I also believe the stock price will recover and head much higher than where it closed yesterday at 5 3/8's but there will come a day when investors should take a profit. So why would some investors sell today? Well some investors have a rule where they sell half of any stock that has doubled and let the rest run. The theory is that if the stock sells off they can buy back in with the money they made with their profits. They can even purchase more shares than they started with or still have cash left over for the same number of shares. If the stock continues to rise then they still have half of their stock to enjoy continued profits while looking for new investment opportunities. Anyway the point is that there are very few ten baggers. CLCK might just be one, and I for one am not selling any of my shares yet either, but the day will come when it might be prudent. In my opinion, today was a buy day for CLCK, not a day to sell. Smart investors do not sell into weakness unless they are certain it will continue. Some investors probably sold today just out of fear. When the stock was sitting at $4 3/8's it was cheap but it looked like it would get cheaper. Lets see what tomorrow brings! Regards, Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next