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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread
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To: Steve Smith who wrote (581)2/22/1999 11:07:00 PM
From: Mark[ox5]  Read Replies (1) of 779
 
Yes I read that and thats why I highlighted INKT about a week ago... before I thought it was simply a search engine....then I finally researched it .... and it has the (key word) POTENTIAL to be huge..

Will it? Who knows (but so far it looks good to me.. as much as that is worth) *grin*

Also, the float has increased about 8x in the past 2 months (with the split and insider lockup period which just ended) so it is now akin to CMGI in terms of float... so its going to be hard for it to move fast (which is why the individual guy like you and me) buy these stocks.

So its going to take some institutional involvement to move it...

But I have seen it mentioned alot with EXDS and DCLK as the next "group to watch!" in a lot of articles. Keeping a close eye on it. It's cacheing software is really going to be the big winner and the potential of the comparison shopping (which should be announced soon) should move the stock as well.

Right now it has tough resistance at $64 (50 day line) .. if it breaks through that with ease, then it will show me something :)

Should be good for a position trade until then (support in $55 range, sell in lower $60 range)
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