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: Jan Crawley who wrote (5312)3/8/1999 6:48:00 PM
From: Tyler Taylor  Read Replies (2) | Respond to of 19700
 
Today's action is a combination of a earnings run up and a short squeeze. Daytraders rarely hold through until next day (hence the word daytrader) so I doubt the significance of their involvement since we had such a strong close. I'm long CMGI (2-3 years) and I admit this stock is probably ahead of itself but you have to ethier have balls of steel or be just plain stupid to short stocks like CMGI or EBAY. I would feel more comfortable playing russian roulette then trying to pick the right time to short these stocks. All along this internet craze it has been the shorters people who continually doubt these stocks that have drove these stocks to the moon when they have to cover. That's fine though I will continue to take their money. Long CMGI AOL ATHM EFAX DELL. By the way I doubt any of you shorts are up %70 YTD as I am with the stocks I mentioned above. Not bragging just trying to talk some sense into you people. Shorting = unlimited losses.