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


To: Grabs who wrote (3942)1/13/1999 6:12:00 PM
From: Craig Rogers  Respond to of 19700
 
I would say it depends on the pressure in the morning. If the S&P.s are up then there would be buying pressure on the stock in premarket.

Of course selling pressure will do the opposite.

Very disappointing day after that reversal. I thought I had it made.

Craig



To: Grabs who wrote (3942)1/13/1999 6:24:00 PM
From: SJS  Read Replies (1) | Respond to of 19700
 
I don't think so, but am not sure. They may be trades (not late trades) that are between market makers to fill late trades.

These would not be related to the close, or else you would see trades between the close and this $95 price. There are none of these.



To: Grabs who wrote (3942)1/13/1999 6:34:00 PM
From: neverenough  Read Replies (5) | Respond to of 19700
 
Get this, I put a stop order in at 123 when CMGI was trading at $128.00 The price started to fall, so I cancelled the stop and put a market sell at $126.50 it sold at $126.00, great. I just got home and check my acct, not only did my sell at $126.00 show up, but also another sell of $123.00

I just got off the phone with those IDIOTS at Waterhouse, they told me that I didn't cancel the $123.00 stop order in time (Bullshit). So I'm now short 200 shares at $123.00

I think CMGI is a great company, and will move up to new highs but I do pray we open down tomorrow so I can cover this short, guess I could even make a few bucks, but the fact is I would have never shorted CMGI or any internet for that matter.

Waterhouse is the worst, their whole confirmation system sucks!