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Old 11-29-2002, 07:46 AM   #1
funkmaster
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what the hell is going on at CMGI

http://finance.yahoo.com/q?s=CMGI&d=c&t=5d&l=on&z=b&q=l

I´ve burnt a lot of money on this stock ... but if it continues like this I will make it even stevens at 1.82 ... but I am too sure it won´t ...
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Old 11-29-2002, 07:56 AM   #2
Dax
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I think the market has bottomed out... and most of the stocks are on the upswing. I don't believe that we are gonna see '98 type days, but I would put a few bucks on some tech co's and see what happens.
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Old 11-29-2002, 11:04 AM   #3
funkmaster
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.. another 17% today ... I don´t get it ... as of bottomed out, well I am not to sure about that either, I remember some experts saying similar things about a year ago ...
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Old 11-29-2002, 11:23 AM   #4
KRL
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Tech stocks are all over the place. Its like going to the race track. You can't believe anything you hear. I've got 100,000 shares of one techie that was at $17 36 months ago and now its something like 2/10ths of a penny and pretty much history, though they're still trying to resecitate this corpse of what was once a promising company. Talk about dogs with fleas, can't get worse than that from $1.7 mil to $200. Fuck that'll send you to the looney house in no time.
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Old 11-29-2002, 11:31 AM   #5
Dax
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Quote:
Originally posted by KRL
Tech stocks are all over the place. Its like going to the race track. You can't believe anything you hear. I've got 100,000 shares of one techie that was at $17 36 months ago and now its something like 2/10ths of a penny and pretty much history, though they're still trying to resecitate this corpse of what was once a promising company. Talk about dogs with fleas, can't get worse than that from $1.7 mil to $200. Fuck that'll send you to the looney house in no time.

Wow! That must hurt...

How do you go from $1.700.000 to $200 yikes!
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Old 11-29-2002, 11:32 AM   #6
funkmaster
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exodus ???
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Old 11-29-2002, 11:33 AM   #7
quiet
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Quote:
Originally posted by KRL
Tech stocks are all over the place. Its like going to the race track. You can't believe anything you hear. I've got 100,000 shares of one techie that was at $17 36 months ago and now its something like 2/10ths of a penny and pretty much history, though they're still trying to resecitate this corpse of what was once a promising company. Talk about dogs with fleas, can't get worse than that from $1.7 mil to $200. Fuck that'll send you to the looney house in no time.
ouch. i assume that was just the high risk portion of your portfolio ;)
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Old 11-29-2002, 11:38 AM   #8
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You should never lose more than 20% of any stock. If you do that is because you dont know when to sell.

Penny stocks and pink sheet stocks are a waste of time and money,

Index stocks soon when the market is in a true upswing.
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Old 12-02-2002, 07:39 AM   #9
funkmaster
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... and another 20% up for the day so far ... what the hell is going on here, no news, nothing ... any stock gurus here ?
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