My on-line broker provides opinion from a company called SECOND OPINION.
This opinion came out today.
In October 1999 I bought 1000 shares of CMGI based on an article in the Wall Street Journal. Just by pure luck I sold all in January 2000. Check the historic prices.
I have watched CMGI since then and have bought it a few times and made a few cents.
Last Friday I bought 5000 shares for 1.96. Today I bought 10,000 shares for 2.02 and another 5000 shares for 2.00.
Either I will repeat my good fortune of year 2000 or I will go down with a sinking ship.
I hope SECOND OPINION knows what it is doing!
Good luck. I would not recommend that you invest any amount that you cannot afford to lose.
I have been investing in stocks and mutual funds since 1974 and I know that sometimes the "sure things" turn out to be real stinkers!
Second Opinion� Weekly - C M G I INC (CMGI) Exchange: NMS Close as of week ending 5/20/05
Opinion LONG Opinion Date 05/23/05 Opinion Price 1.96 Score 0 C-Rate 0.0 UPGRADED
Stock is a Buy.
Moving Average Convergence/Divergence (MACD) indicates a Bullish Trend. Chart pattern indicates a Strong Upward Trend. Relative Strength is Bullish. Up/Down volume pattern indicates that the stock is under Accumulation. The 50 day Moving Average is rising which is Bullish. The 200 day Moving Average is rising which is Bullish. Look for Support at 1.77 Watch for resistance at 1.99
Week's Activity (Close as of week ending 5/20/05)
Week Close 1.96 Week Change 0.24 Week Open 1.72 Week High 2.00 Week Low 1.71
Yr. High 3.00 Yr. Low 1.14 MO Chg.(%) 3.7 Resistance 1.99 Support 1.77 SELL STOP 1.16 Volatility(%) 4
Moving Average Analysis
Type Price % Slope 10 Day 1.81 108.0 UP 21 Day 1.81 108.0 UP 50 Day 1.94 101.0 UP 200 Day 1.73 113.0 UP
Ave Daily Volume (00) 48763 MO Chg.(%) -24.5 U/D Ratio 0.9 U/D Direction UP
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I used to look at Fabonacci and now find trendlines very good. Since I know about the wave theory a little bit, give the folks a target price. Should be easy with the luck you've had. My regards to you and yes, a lot of work. The fundamentals are more work and they deserve a hand also. Hats off to all and good luck.
<<I used to look at Fabonacci and now find trendlines very good. Since I know about the wave theory a little bit, give the folks a target price. Should be easy with the luck you've had. My regards to you and yes, a lot of work. The fundamentals are more work and they deserve a hand also. Hats off to all and good luck. >>
1.Who gives a fuck what you do or did(who asked?)
2.You know about the wave"little bit". Your a fuckin amature! you said it LUCK.
3.Lot of work, hmmmmm thats what you tell your wife. You fuckin weakling!
5.Hat.....you mean the condom on you head, you use for protection from stickin your head in your ass!