Zembla, it doesn't matter if the company has good fundamentals or is undervalued, or if its "right" valuation will eventually come through. Who cares about the reality of its business? More importantly, why do you care? It's a company--it's not your friend. It doesn't care about you. Make your money and move on.
You misunderstood me. I do not *equate rising stock prices with "good" and falling prices with "bad."* as you say ; but i can see what are the manipulations going around. When i think of Shorts, they are not the 2K holders of the board, but the Big Boys who play Yoyo with the stocks. And you have to admit, it was a real killing out here, without any connection to reality of CMGIs business. It was a dumping. Now, you know as well as me that this company has very good fundamentals and is actually UNdervalued. Question of profitability applied to CMGI is a joke...everybody know that.
This is not a question of *good* or *bad* investing. The *right* valuation of CMGI will come through time, and the valuation of the stock is NOT the miserable price we see today. JMO of course
You see, Zembla, that's your problem--you equate rising stock prices with "good" and falling prices with "bad." You also--like 95% of the rest of the investing population--get emotionally involved with the stocks you own.
Stocks, as I'm assuming you know, go up and down all the time. Your job (unless you're in the market just for the hell of it) is to capitalize on those movements and extract money from the market. That's it. Companies aren't good or bad--they're just companies. They're money machines.
If you're going to fall in love with a company, you might as well go get a job there. But don't invest there....