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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 92.10-0.6%Dec 31 3:59 PM EST
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To: EenieMeenie who wrote (2038)3/16/1999 9:22:00 AM
From: Hawkmoon  Read Replies (1) of 28311
 
CNOLT,

Shorting a stock like GNET which has such a small float is a risky proposition. I suspect shorts will operate on a similar TA basis as Daytraders. Look for a couple of quick points and cover until weakness in volume presents itself an opportunity to load up their short positions.

Even then, they will run with tight stops given that VV provides an extraordinary risk factor to a potential short-seller at these levels. You just don't know what news release might pop up that squeezes their positions.

I do think we have legs to higher levels (although I don't wish to state a number).

Regards,

Ron
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