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: stock_bull69 who wrote (7054)4/14/1999 2:11:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 19700
 
There's nothing wrong with CMGI. It's behaving exactly as a stock with a 93 volatility is expected to behave. Unfortunately, those who don't understand the concept of volatility occasionally forget that volatility is a double edged sword and that a stock volatile on the upside can be volatile on the downside as well.

I didn't enjoy any of this upside appreciation beyond 220. Who would have thought the April 190 calls that I sold in the middle of March would now be so deep in the money? But that's what volatility is all about.

Best regards and good investing,

Mark A. Peterson