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Technology Stocks : Internap Network Services Corporation
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To: Jibacoa who wrote (808)3/21/2006 2:10:21 PM
From: TheStockFairy  Read Replies (1) of 1011
 
I unloaded 15% of my position. If nothing else I can buy half of a cheap used Hyundai. :) I'm not going to look a gift horse in the mouth this time.

(I had a similar discussion with my wife when the stock was at $2.35 and Peters announced he was selling 3.5 million shares. I lost a house downpayment on my indecision).

Also, I looked at what the insiders were selling for and the pattern looked like $1mm shares exercized for $800k so I'm thinking the insiders were capturing their profits when the price was under $1 so I should feel like I did a good thing by getting over a $1.
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