INFOSEEK (GO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INFOSEEK (GO)

GO 11.35

-0.3%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Klempay who wrote (6576)	6/16/1998 6:10:00 PM
From: Don Green	Read Replies (1) of 9343

Apple all over again... This trade is looking very similar to my trading on Apple a few weeks ago. A stock position just below a huge short selling wall. It is just like a war between long and shorts...Infoseek is now sitting / building a base just below a key short level 34 - 34.5.... The shorts position must be huge, and they won't cover too quickly. But at some point maybe at 35-36 there will be a HUGE gap up in price as the shorts run for he door. The key is getting there soon. The main negative against being long is time. The annual stock-holders meeting is Friday when any news would most likely be announced, and also Friday is options expiration (triple / witching time). So the next few days are key for any short term investors/ traders. Good luck to all. Remember the doubt is what is moving this stock Don Green

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next