Internap Network Services Corporation Message Board

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Technology Stocks : Internap Network Services Corporation

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To: Jibacoa who wrote (796)	1/4/2006 5:23:22 PM
From: Hawkmoon	Read Replies (1) of 1011

I'm not sure if this is going to have a major impact anytime soon (at least for the next couple of months. This stock has been "flat-lining" for so long that the monthly Bollinger Bands are really starting to pinch. bigcharts.marketwatch.com The bollinger band pinch suggests the possibility of a major move in the stock prior to June, but it's anyone's guess what direction that the move will be (up or down). I'm not sure if anything outside of a reverse-split and dramatic revenue increases, or news, are going to alter the situation. There is the possibility of a buy-out, since the company does have a substantial revenue base that might make it attractive to a competitor. There certainly has been more volume as of late, but not sufficient to convince me that the market can chew through the considerable resistance that exists at .50/share range. But I'm open to other opinions. Hawk (disclosure: I also am a "bag-holder" of this stock and have been for over a year).

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