All,
Here are the closing numbers for the internet stocks. INKT crushed all the others. Volume was tremendous. We have accumulation by funds now. This is just going to feed on itself. The momentum players have to get into this stock now that it has shown up on everyone's radar screen. This thing is going to fly because (1) no earnings concerns like "real" companies, (2) small float,(3) no selling by insiders/venture capital shareholders for 5 more months, and (4) easy to show huge revenue growth (sales of $2 million increased from $1 million in previous quarter equals 400% annualized revenue growth). If people start to prematurely short this stock, INKT will climb even higher on their dead bodies. This reminds me of RMBS. Take a look at that chart and you know we are going significantly higher. Sure this stock will come down, but not for a while and not for another 30 points to the upside. Get into INKT now!
JW
INKT 48 +7 3/4 +19.25% 889,900
YHOO 172 7/8 +3 +1.77% 7,451,600
AOL 110 5/16 -7/16 -0.40% 5,105,500
AMZN 124 +9 7/8 +8.65% 8,712,800
XCIT 98 15/16 -1 7/16 -1.43% 8,492,900
LCOS 79 1/16 -2 15/16 -3.58% 5,115,200
SEEK 37 1/2 -5/16 -0.83% 5,213,300 |
