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Technology Stocks : Internap Network Services Corporation
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To: Jibacoa who wrote (799)1/10/2006 5:18:32 PM
From: Hawkmoon  Read Replies (1) of 1011
 
Yes.. I've been surprised at how strong it has performed in holding above .50pps.

But the stock's getting into the overbought zone. Doesn't mean it won't continue to gain ground, price-wise. However, I'm content to wait for a pull back before I decide to add to my position.

It's been a painful stock to own and I'm not completely trusting of it yet..

Hard to swing-trade the stock when I'm already sitting on a losing position in it waiting to be made whole. Have never figured the tax consequences of that "first in, first out" rule.

So anything I buy will need to be intermediate to long-term hold.

Hawk
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