InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 97.68

+0.4%

11:40 AM EST

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To: Hawkmoon who wrote (10503)	7/30/1999 2:05:00 PM
From: MJ	of 28311

Ron Reece and others Even if we see $50.00 now----the now price would equate to $100.00 pre-split. Assuming that GNET is a go, we may have seen the early volatility give way to a downward move to a consolidation phase before moving higher. Technically, can anyone tell me whether or not there are any gaps in the stock price after GNET started its original move upward. I ask this question, because there is a theory which believes that all stock price gaps must be filled. In other words if a stock is at $20.00 and goes directly to $25.00without touching 21, 22, 23, 24 on the way up----then a price gap has occurred. If the stock subsequently goes to $75.00 for a top, then before it can go higher it would have to come back down and fill in the price gaps between $20.00 and $25.00. Ron you may be right. mj

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