Wrong again, option.
Here's some data from Friday:
AOL, up 11.58% (on big news)
CMGI, up 5.75%
DCLK, up 9.54%
EBAY, up 4.46%
GNET, up 3.29%
YHOO, up 8.91%
Of these stocks, only AOL and YHOO were up on higher than average volume; all of the others, including GNET, traded with lower than average volume. Given that AOL rose on important news, it's likely that YHOO will lead the Net recovery based on pure "intrinsics," which is no surprise.
If the recovery is sustained (and there's no reason it can't be), then GNET will participate in due course.
Vulcan's $90 "floor" will in no way limit GNET's upside potential. Forget it.
BAM |
