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Technology Stocks : Internap Network Services Corporation

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To: jonesie4jonesie who wrote (843)5/19/2006 9:23:26 AM
From: Hawkmoon   of 1011
 
Welcome aboard!!

I see that IIP was down to 1.12 After Hours (AH). That's not particularly positive for the short term.

I think the chart is broken until after the reverse split, but there could be some good trading opportunities in the meantime.

The trading action after the stock went to 1.08 yesterday saw a lot of sizable blocks coming in.. But it could have been daytraders when then flipped out before the close.

I think IIP is definitely in the right market, given what we've seen from AKAM. But we might have to be patient as the market absorbs the recent gains...

But I was really hoping to see that target of $3/share fulfilled.. That's unlikely now until later this year (minus significant news, or a buyout).

Hawk
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