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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (10772)8/4/1999 11:05:00 AM
From: Robert Frisbee  Read Replies (1) | Respond to of 28311
 
Long since the IPO and in for 1,000 shares more today. I think this is a screaming buy now.
Bobby



To: Augustus Gloop who wrote (10772)8/4/1999 11:50:00 AM
From: WallStreetTips  Read Replies (1) | Respond to of 28311
 
GNET >>>> Super heavy short position

Thanks for the link. If I interpreted it correctly than GNET seems to be heavily short sold. May be more short sold in last week itself. If this is the case then my guess is sooner or later we may see heavy short covering which could likely make the stock rise very heavily (Remember a month or two ago once it shot up over $25 in a day). This is compressed spring situation. Anytime shorts starts covering we will see the spring jump effect in stock price. Please correct me if I am wrong.

Just my views.