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


To: TokyoMex who wrote (869)7/30/1998 10:52:00 AM
From: BILL L  Respond to of 19700
 
CMGI has enough correction (30%) from its top. no where to go but up. short sellers are dreaming to think cmgi can go any further down. Down to 35? space cadet..u must be kidding unless no stock in the world could be traded at that time.....maybe, people can short cmgi when it hits 100, but no now. unless u want to know how to get burnt in the market..



To: TokyoMex who wrote (869)7/30/1998 3:25:00 PM
From: Scarecrow  Read Replies (5) | Respond to of 19700
 
(sigh) I know I should never get into a battle of wits with an unarmed opponent, but...

Mex has contacts with real world ,, that you morons will never be able to see or touch ..
Probably because they don't exist. Your great contacts have given all of us some REALLY useful information, haven't they?

1. On Monday - just three days ago - you tell us "This is the bottom coming off 40 dma,, if you think of hoping to see below 70 ,, you are mistaken ,,
PS ,, a hedge fund shorted this at 86 ,, they will need to cover very soon ,, with this small float,, expecting a wild ride on upside.."

Message 5324039
Whoops! Haven't really SEEN 70 since then, have we!

2. Again on Monday: Today's ,, 72 , is a double bottom ,, a strongest kind .. since decline began ,,
Get ready ,,

Message 5324969
Ibid!

3. My assesement of CMGI at today's blood bath has been fortified,,
If there was a continued profit taking ,, we would have seen below 70 already ,,
I am sitting at 1000 buy at 72
1,000 at 71 ,,,
And 1,000 at 69 ..

Of course, it tanked. Hope you enjoyed all of those average-down buys.
Message 5337061

4. On Tuesday afternoon: "Just got 4,000 more at 72 1/2 - 72 .."
Message 5337948
OK, enjoy those margin calls!

5. Tuesday night, you tell us "The base was broken,, by a panic seller ,,with small volume.."
Yet later tell us it was Fidelity. Yeah, real small seller.

6. Yesterday morning at 9:00 - just before a 6+ point sell off, you tell us "CMGI . is being accumulated,, yes ,, accumulated"
Message 5345898
Uh, right. Big accumulations always drive prices down, huh?

7. Later yesterday morning, "GCTY was never priced in ,, when it ran up .."
This is so funny, I can't stand it. Right. It's a completely inefficient market, eh, Tex? Them institutions - they don't know about GeoCities, do they. Naw! Just us ducks here on SI. SHhh! Don't tell anyone. It'll surprise em ALL on Aug 10, huh?

8. This is it ,, the piece de resistance,,
The bottom ,,,, well now we had it ...
Good riddance.. I can sleep now ,,

Later (like the next day) you conveniently tell us you bought more at $64. Too scared to mention it on Wednesday? More likely, all of these trades are a bluff, but only you know that for sure. Otherwise, it looks to me like you've plunked down roughly $500,000 in one week on one wildly overpriced stock that has continued to go down.

9. Then, you tell us the reason the stock is down is because of "Hey did I see ,, Japanese minister being ousted ?
Did I see Lewinsky making a deal ??"

Yet, when Clinton agrees to testify, the stock goes UP 3 points? How do your "sources" figure?? Disproves the idea that ZipperGate is pushing it down - despite your claims.

10. This afternoon's gem: "closing 69 ,, open at 72 tomorrow .." So you've predicted at gap-up of $3.00? Be sure to show me tomorrow and I will publicly apologize.

11. I can't even comment on the Hotel scenario you've over-shared with us - Too revolting to contemplate.

The whole point is this: CMGI is an exciting, interesting stock in a wildly exciting market. It's gone up - and likely will in this mania. BUT YOU DON'T KNOW WHAT THE $&^%$ YOU'RE TALKING ABOUT and others on this thread should be aware. Just because CMGI has gone up doesn't mean you're right (as the above samples FROM JUST THIS WEEK ALONE) demonstrate. Don't confuse luck, boasting without credibility, and insulting the entire thread by calling us "morons" with investing discipline.