My opinion is that they will announce today after market earnings release on Monday September 30th after market close..No conference call, just release the report.
I traded this great company around 3 for few years. It went crazy fast from 5 to 38. No base. It generates a lot off profit taking. Nothing change with the company in last year. It had a great potential than and now. Just crazy market. I wouldn't touch it unless it goes to low teens.
I sold today everything I bought under 3. Ready for another round. But I have a feeling this time will be different. Still long and strong.
He is hoping for "consolidation and slight upswing". I don't think it's unrealistic. I am telling you: this time it may be different. First time in how many years they showed improvement. Plus new CEO. That means it could be viewed by investors as turn a round.
Fedele, If we or when we get to 5, I will sell all my holdings, which is alot, and I will call my 14 years CMGI/MLNK complain a success. Can you believe it? Just to say it makes me feel good. And the good news for you is when I will sell you know what will happen next. You will get your seven dollars shortly after. Good luck, I think we are on the brink of freedom from the dark days of CMGI.
Amazon doesn't make money. Tesla doesn't make money. I would give you few more, but you got the point. Its all about going in to right direction. I am not comparing MLNK with companies I mentioned, but I am not talking about 300 ps. Give me 5 and I will be happy. What are you going to say now?
This is beginning of the real run. Market doesn't care about profits. it's all chats, momentum and expectation.
Good luck al longs. The most challenging thing now is to hold the shares.
Today I am break even at closing price. First time since march 2000. Bought in November 99 at 100 .then it went to326 in January. Then it split 2:1. Then it was 150 post split. Then .......... But now after 14 years of trading this thing, I am even with bunch of shares left. Time to celebrate.
I included dividend and reverse split 1:10 . I was buying under 3. I just new sooner or later it will shoot up. The bad news I started selling whatever I bought under 3 from 3.50 and my last sale was today at 4.51 The good news I have plenty of shares left to enjoy nice profit and close my 14 years long project. It might have a some pull back. Went to fast, I think. But you never know. I will not trade this anymore. I will gradually reduce my shares if price will continue to go up. Good luck to all long timers.