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


To: HG who wrote (4982)2/26/1999 11:45:00 AM
From: mp  Read Replies (1) | Respond to of 19700
 
There were 13+ M shares shorted on this stock on 1/8/99. Then of course it was was nearly at an all-time high and it might have gone down. But still, with daily average of 3M, there is probably a 3 or 4 day total just on shorts. One this is dangerously crawling back up, what will it do to the shorts? I think it will catapult this stock to 155+ right away come next week. Just a speculation, but within the
realm of possibility, just the same.