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


To: jackhach who wrote (9012)5/29/1999 9:46:00 AM
From: Scarecrow  Read Replies (1) | Respond to of 19700
 
For those of you who wanted to see the full picture of a jackhach prediction string:

8969
9:50 a.m.
My prediction for today is that the stock will trade between $91.50 and $102.50. I'll be buy under $95.00. The stock is probably going to simply linger around in the middle of this range ($94 to $98) for the bulk of the day. We would need about 18 to 20 million shares to SUSTAIN a break below $92.50 and the same to SUSTAIN a break above $102.50.

8972
10:13 a.m.
Based on the absence of volume in the first 1/2 hour of trading -- we are going nowhere fast!!!
The stock is "dead" in the water with ZERO chance of SUSTAINING a break above $100.188 never mind my earler $102.50.


So, we've moved from a slim chance of “SUSTAINing” a break (whatever the hell that means) over $102.50 to a ZERO chance of SUSTAINing a break over $100.188. Folks, it's all over. I mean, we have ZERO chance because it's dead in the water!

So, when, naturally, the price DOES go over and Hank McNabb says, “Hey I thought we had ZERO chance,” Jackhach smacks him on the snout and says:

8999
1:37 p.m.
Meaning the likelihood of CLOSING above the price point. SUSTAINING -- to me means it could not hold till' the close.

So, now he backtracks and says SUSTAIN means CLOSING price. …it could not hold till' (sic) the close.

Scroll gently down to the bottom of the screen and you'll see – GASP! – against all odds – defying the master of stock price predictions -- CALL RIPLEY! CALL BUFFET!! the stock actually ROSE, SUSTAINed. CLOSED at 103 5/8!

Not bad for a stock that was dead in the water and had ZERO chance of finishing over $100.188

9012
4:07 p.m.
I sold everything (earlier) at $102.50
So, a guy who tells everyone else to sell at 100.188 – because, after all, it has ZERO chance of going higher or closing any higher – holds onto his own shares to sell at a higher price. He doesn't even believe his own predictions.

Hey jackhach – people aren't jumping down your throat because you come on strong. We're jumping down your throat because you're vigorously, aggressively incompetent with your inane predictions that you insist are correct when they've been 100 percent incorrect.

Some are asking me to stop beating on you for fear you'll stop posting. They want you to keep posting because you've been such an outstanding contrarian indicator…