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ModusLink Global Solutions, Inc. Message Board

  • gonnagetthemdukeboys gonnagetthemdukeboys Mar 19, 1999 3:05 PM Flag

    Tired? I don't understand this board!

    Come on people. Look at the market today. In a
    word, crap! Things look good for CMGI - the gap ups
    show demand for the stock outside of MM control. These
    trends we have seen this week (gap up, fall off) are
    indicative of MM manipulation.

    This stock is moving
    well! Look at the trend over the last few weeks, not
    the last few hours. Today's volume is VERY low, as
    are most of the other net stocks. (2.5M shares YHOO
    at 3pm?). Look, most people have just STOPPED
    trading today, and the only moves left are options
    covering (probably done already) and position taking for
    Monday. The quotes I have show a lot of bargains.....this
    morning attests to the fact that traders are BEGGING for
    another net surge! DO you think its natural for CMGI to
    gap up 6points on no news? No, there is demand
    waiting in the wings.

    The LCOS issue should be
    quiet, the IPO's will bring press, and don;t be
    surprised if some analyst recommendations come out soon.
    This is not a tired stock, just a tired market day!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • too long !!! How can people expect this stock to
      go up with no major news and an option expiration
      date ? People saw a few stocks like RNWK, AOL, DCLK
      and ATHM move drastically and whined about weak
      performance of CMGI. Did they forget that we had a $47 move a
      couple of weeks ago ? This stock needs a little pause
      and we'll start another week on Monday. It'll be
      interesting next week as people get ready for the MSFT split.
      I expect NASDAQ to retest its high as it's lagging
      the DOW. Gonna throw the stone at it again and we
      should see CMGI move along. DELL is also kept down by
      options today so it's not a good day to make judgement on
      stocks. Good luck in CMGI.

      • 1 Reply to chkpfbeliever
      • About my name being too long - Don't I know it!
        When I lossged in, I couldn't get a unique ID, so this
        is all I could find. DUKE would be just fine for

        As I look at today's action, CMGI is still trading
        around 185, and should close around that point. Look at
        the sell-off in the braoder marke indexes -
        devastating! YHOO for 170 bucks? NVLS for 57.5? Are you
        kidding!!!!! This market is an absolute steal!!!!! The trouble
        is that there is just no buying interest in the
        market this afternoon.

        We have had nothing but
        good news from CMGI. I don;t expect anything different
        next week. I have a feeling a lot of people will read
        the stock pages tomorrow morning and go bargain
        hunting. Keep in mind, we seem to have the interest rate
        thing behind us, and we are getting oversold again!

        We are dying to break out of this cycle, and the
        overnight quotes prove it. All day, my quote system has
        shown shallow bands on the ask side for CMGI, but
        people like us seem to be selling! If we can stop this,
        we will all bein the 200's on MOnday morning!

    • test

3.25-0.02(-0.61%)Jul 31 4:00 PMEDT