Jenne, conceptually, I agree with you... however, you know that there will be profit taking at certain times... so, one can take advantage of them and remain holding for the long term... I'll give you an example... about 2 months ago, I bought at 129 and change, sold at 320 when it retreated to it from 330, bought back the last few days at 238 and change and 219 and change... and will buy more if it drops below 200... the point is, you can trade it, with long term hold objective, and to protect your self, you don't have to sell all your holding, just a portion of it to take profits after a HUGE run... the tricky part is, the definition of a huge run for CMGI changes all the time...
good luck, and best regards
amein |
