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CryptoLogic Limited Message Board

  • markofbklyn markofbklyn Mar 30, 2005 9:59 PM Flag

    down almost 20% since last week

    the stock is down almost 20% in a week without the company saying a word. maybe there is more to the drop. if the company does not open their mouth soon the stock could lose another 20% by next week. i just wish all longs end up making money because i just losta fortune on this stock

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    • I bought at 31.40 or so...........

      I watched with delight as we were in the midst of a run-up into the high 34's........

      I was too greedy to sell at the high 34's as I could smell the 40's coming on quick.......

      I held on until we hit 31.00 & then sold, taking a small loss on the trade......

      It just proves that I need to sell at 52-week highs & take a profit once in awhile. Instead of taking a small loss by holding too long, I could've pocketed a 10% gain. But instead I am booked for a 2% loss.

    • this stock may wind down a little bit..but it's run is far from over. If you need to protect the cash then yea..u might want to get out for short term. But if you can hang for awhile you will be glad u did. Cryptologic is one of the stronger plays in the online poker industry..which will see its ups and downs for next few years..but there is definitely more upside to this stock then downside.

 

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