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Technology Stocks : Network Solutions (NSOL)

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To: TheStockMonkey who wrote (1002)4/22/1999 3:42:00 PM
From: Cathedra  Read Replies (1) of 1377
 
Thanks for the links.

I would not be surprised if Arsensio covered yesterday morning (after competition announced and NSOL did not take a nose dive) and shorted again this morning (when NSOL could not break through $110). Whether it's Mr. A. or someone else, my sense is there is a lot of short selling going on today. Tuesday's drop on heavy volume suggests that most of the nervous longs have exited their position. And many of those who bid NSOL up 50+% yesterday will hold out for a big killing rather than settle for a modest profit today.
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