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


To: Ron H who wrote (12671)10/6/1999 5:40:00 PM
From: New Dog  Read Replies (1) | Respond to of 28311
 
I really don't think that is the relationship PA has with Russ and GNET, but I guess anything is possible. As far as their strategy I think we have had plenty of great news about the progress of this company it just seems no one cares, and to make it more painful there is serious selling. This stock just does not act the way it should with everything that has taken place in the last two months. It feels like someone knows something we don't, and that really bothers me...



To: Ron H who wrote (12671)10/6/1999 5:42:00 PM
From: Im-patient  Read Replies (3) | Respond to of 28311
 
I found that this post seemed illuminating w/ respect to GNET.

I suppose this action might be expected in any condition where company stock is used(read: float increased) for acquisitions or fund-raising.

Of course, I have not done a comprehensive study to research the relevancy of this theorem.

In any case, this might be an explanation: increased float + weak hands...."excess" stock needs to move to committed hands before selling drys and the buying interest can raise the stock....sounds reasonable?

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