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

To: DJ Oglesby who wrote (7695)4/28/1999 10:40:00 PM
From: wiremaker  Read Replies (1) | Respond to of 19700
 
<<As long as this keeps working, I can make a living trading CMGI, but I'll never retire to a private island. >>

DJ,

Try buying a few short-term call options before a major event like a split or after a sell-off like last week's. Strictly limited downside via position size; unlimited upside. This Jan I had a 5-bagger on the split; last week a near 4-bagger buying the sell-off. Both trades lasted all of 5 sessions. This pup was made for options-trading!

LH



To: DJ Oglesby who wrote (7695)4/29/1999 8:56:00 AM
From: S.A. Smith  Read Replies (2) | Respond to of 19700
 
"I, like you, don't see how the buy and hold guys can keep their sanity."

It's really quite easy. Turn off CNBC and don't pay attention to the daily swings or each and every trade that takes place. Just lock this baby up in a drawer and smile knowing how far its come to this point and how much more lies ahead.
JMHO

Oh yeah, and when it can drop to 100 and you still have a 25 bagger kind of helps...


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