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Technology Stocks : Internap Network Services Corporation

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To: Jibacoa who wrote (742)4/13/2004 3:32:25 PM
From: Hawkmoon  Read Replies (1) of 1011
 
Well, not bad trading above $2, but the stock still needs to close above 2.40 Maybe we will get some more news soon.<g>

Hope you're not expecting that kind of move today, or even before the end of the week... That would sound kind of greedy.. ;0) We've already had a nice move indicative of a reversal of trend to the positive.

But I posted on the 50% gainers thread that I think IIP is due for such a move before this phase ends. And it would appear that IIP continues to win contracts and promote their business goals.

I see a possible pullback to $1.85 or so, before the upward trend resumes:

bigcharts.marketwatch.com

But I'll definitely take $2.40 sooner, rather than later.. It would suggest a strong trend reversal.

Hawk
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