okay, okay, i'll admit it. i got in a few months ago just for kicks. i looked up "cmgi" in a curious "where are they now?" whim. after i discovered this former "sailing on hot air" of a company had actually become profitable, i figured, what the hell. i didn't put very much money in (because i'm risk averse), but it's still fun to see it scream upwards. but since i didn't put very much in, even if it tanks, i won't cry.
update: each day, some blogger or financial analyst ups the target price. wasn't it just a few days ago when the target was $2.50? now people are saying $4.00? come on... no one really knows at this point. but i suppose all the rumbling helps. after all, this is a cult stock, and sometimes, psychological factors and excitement will drive the price up. after all, it already did happen with this stock.
Thursday, March 15, 2007
up it screams.
Posted by
FM
at
12:30 p.m.
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