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 : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Olu Emuleomo who wrote (592)6/16/1998 8:49:00 AM
From: surfinSteve  Read Replies (2) | Respond to of 19700
 
Olu,

I have checked and found another posting by DWW II in which he explains his trading strategy a bit more:

Message 4589843

My take is that he would continue to buy more blocks if the stock keeps dropping, but there are no hard and fast rules about it, it's just a judgement call. What do you think?

Steve



To: Olu Emuleomo who wrote (592)6/16/1998 11:20:00 PM
From: DWW II  Respond to of 19700
 
Olu, No I would not keep buying. I would be stuck with what I have. I feel this stock will be trading in the low 50's very soon. As soon as the "warning" season is over, and earnings reports start coming in. It seems like this stock swings wider during the reporting season. The momentum players jump from sector to sector. The fun begins the first week of July.
I also seem to observe that the momentum players are always out on Friday. They don't like to worry over the weekend. Sometimes they run on Thursday. So, it seems to me that you get in on Friday and out on Wed. DWW II