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Old 06-05-2007, 01:52 PM
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CMGI Earnings are today after the bell

I usually almost never hold stocks into earnings, as I have mentioned before it is a big risk. It can go either way for you. Being that the stock is not that highly priced to begin with, and has been doing well, I think that stocks fundamentals show in stock charts. If a stock is doing poorly, most of the time, you will see the earnings come out bad and lower guidance, at the same time, when a stock is doing well, it is usually fundamentally sound and is priced in. I think CMGI's earnings will come in line if not higher and I dont expect them to lower guidance. I can be totally wrong, but I will take the risk here because the stock is very cheap as is.
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Old 06-05-2007, 02:29 PM
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Just looked and saw a drop about 3:30 today. Any thoughts?
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Old 06-05-2007, 02:45 PM
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http://www.marketwatch.com/News/Stor...yhoo&dist=yhoo

I dumped all 20,000 shares at 2.48, for a 2 cent loss. Only lost 400. A little surprised on this one. Like I said, I only held because its such a low stock that doesnt have huge movements. I was glad I kept an eye on it because I didnt think they would announce before the bell. Glad I got out with no damage
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Last edited by whodi; 06-05-2007 at 02:48 PM.
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