3SOF

With the earnings news out ...The end of day chart.
Break of the downtrend line. A G- Pattern........

Bingo!

Was about to post chart of break out of descending channel.  Do we see a run up to 2.10??  Higher??



Nice one setravis!  Will keep an eye open for tomorrow's open!!

cheers

Quote from: ScottishTrader on October 03, 2005, 06:05:39 PM
Bingo!

Was about to post chart of break out of descending channel. Do we see a run up to 2.10?? Higher??



Nice one setravis!  Will keep an eye open for tomorrow's open!!

cheers

I think we may very well see this run to the level you have mentioned Scottish Trader.
This thing is trading up in the after hours.

Eye On Stocks For Tuesday, Oct. 4
CMGI (nasdaq: CMGI - news - people ) rose more than 7% in after-hours trading after the e-commerce support services firm reported fourth-quarter results. The company announced flat earnings on revenue of $251 million, compared with a year-ago loss of 2 cents per share on revenue of $96.5 million. CMGI attributed the jump in sales growth to the acquisition of Modus Media.

Hopefully this will be the catalyst to get this stock finally moving in the right direction.  I thought it would move higher in AH only because this stock tends to spike.  One to watch in the morning for sure. 

Top of the Falling Wedge resistance is 1.98 for this week.  If CMGI can break out, it could make a run at the top of the Symmetrical Triangle, which is at about 2.72 this week.

This one is active in the pre-market
+11.11%.....Volume @ 81,335

Moving fairly nice today.....Volume back up.
+5.16%.......Volume @......2,834,125

Great find Settravis...

Time to buy...
Buy at 1.659
targte at 2.000
stop at 1.550

news :
cf previous topics

WALTHAM, Mass., Nov 16, 2005 (BUSINESS WIRE) -- ModusLink Corporation, a subsidiary of CMGI, Inc. (CMGI), today announced that it has signed a global three year licensing agreement with Microsoft Corporation for their SQL Server and BizTalk messaging system running in a Windows operating environment. Microsoft SQL Server and BizTalk will provide the back end support to ModusLink's global enterprise resource planning system, SAP. Additionally, the Company renewed its enterprise license for Microsoft's desktop productivity software.

Technical Buy. Stochastic in buy range, way down in the oversold area turning postive
Double Bottom at this area, buy for a trade.

Support @ $1.50
Resistance @ $1.55...1.63...1.67

Recent CandleStick Analysis
Very Bullish
Dec-30-2005 DOJI
The last two candlesticks formed a Bullish Doji Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

Technicals
Most Actives

Last Price Quote is:
-3.63%below 13-day EMA
-6.59%below 50-day EMA
RS Rating: 21 

Fundamentals
Key Data:
Market Cap (M): $733.06 
P/E Ratio: 21.66 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform

AP
UBid Closes Merger and Private Placement
Friday December 30, 3:16 pm ET 
UBid Takes Over Cape Coastal to Become Publicly Traded, Closes $45 Million Private Placement


CHICAGO (AP) -- Online auction company UBid Inc. said Friday it completed its merger with Cape Coastal Trading Corp. to become a publicly traded company.
UBid said its management and board have assumed operational control of the combined company.


The outfit, which will operate under the uBid name and trade on the over-the-counter Bulletin Board, also completed a $45 million private placement of 10 million shares to a group of institutional investors at $4.50 per share.

The company also issued warrants to buy an additional 2.5 million shares exercisable at $5.85 per share.

The identity of the investors in the private placement will be disclosed in a regulatory filing which will be submitted within the next four business days, a company spokesman said.

The net proceeds of about $40 million will be used for the retirement of all debt and for general working capital purposes.

UBid's predecessor completed an initial public offering in December 1998 and was subsequently acquired by CMGI Inc. in April 2000. In April 2003, uBid became a majority-owned subsidiary of the Petters Group Worldwide.

Both CMGI and Petters Group will remain shareholders in the combined company.

Is CMGI in a major oversold condition or a dead horse?

Technicals
Close Above the 50-day EMA
Most Actives

Last Price Quote is:
5.09%above 13-day EMA
2.43%above 50-day EMA
RS Rating: 11 

Fundamentals
Earnings Expected on Mar 6

Key Data:
Market Cap (M): $733.55 
P/E Ratio: 21.67 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform

  hi i need to account for cmgi
LOOK 
http://stockcharts.com/h-sc/ui

please use the search functionality !!!

cmgi result:
http://www.3stocksonfire.org/trading/index.php?action=search2

Ready to move....Primed......JMHO of course.
Back above the 50-dma.

Volume: 14,280,479..........
Avg Vol (3m): 5,679,430

Technicals
Close Above the 13-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
8.86%above 13-day EMA
5.43%above 50-day EMA
RS Rating: 12 

Fundamentals
Key Data:
Market Cap (M): $671.21 
P/E Ratio: 28.31 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Perform