He had a total of 50,000 for sale
but wasn't completed.
i saw that too. bastard. level II is nice. they play so many tricks in there its amazing. sometimes they are net buyers or net sellers. like, they will be buying 10,000 shares and at the same time selling 50,000. have to be careful and know there tricks.
you know i must say a few things. one is that something is fishy about the silence from go2net. i just have a feeling that we are about to take a phat run in the next few weeks to a month. i mean like a 50 to 60 % move in a few days. one reason is that there has been no bad news associated with gnet only silence. speaking from history you have to know something big is right around the corner. they never sit on there hands this long. if we take a look at the 50 day graph the reversal in trend is hard to explain...look how ugly
the past month looks..it would just seem like there has to be a reversal in trend after trending down for such a prolonged period of time for no particular reason.
siliconinvestor.com
it would have been nice to get a bounce at 88 like we should have, but no support. man, it really does suck in some ways not to have good coverage. but, in one way which is the most important way it is very beneficial to anyone who wants to trade gnet.
little secret that i discovered about trading go2net short term and day trading especially. because go2net is not covered by the big boys, they have a small float, not highly recognized in general, etc.. they always have a delayed reaction to everything. i noticed this a while ago but have seriously been watching it for a few months now...
if all of the sudden the naz starts to turn, and more specifically speaking when the leading i-nets do (aol, yhoo, cmgi, etc...) that is when you buy go2net. i sit there and watch all the big i-nets during the day and all of the sudden when the bids start to get pushed up and they start to move that is very bullish for the whole sector. you can jump in go2net right there and get a few points for the day.. this morning cmgi jumped out, yhoo started to pull away, aol was moving strongly, rnwk was steaming, lcos was pushing higher, etc.. WHAT WAS GO2NET DOING ????? look at (1/7 mark on graph) the first hour or so of the trading day you could have bought it down one.
siliconinvestor.com
at the same time what was aol and cmgi doing ? (aol opened three points higher than its close and pushing up, right away !
siliconinvestor.com
cmgi even more so...
siliconinvestor.com
at that point you know the money is coming into the i-nets. boom, could have bought gnet at 77 and sold at 80 or higher.
also, when news events come out, because they arent as highly recognized the reaction is always delayed. then the day traders see an internet stock with momentum and push higher. you could have bought the morning of the hasbro deal and made out. in the next few weeks my eyes are gleaming for similar opportunities.
wow, i must be bored... that was long. now i am watching this girl on tv exercise her inner thighs..
jZ |
