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


To: TH who wrote (25339)2/23/2001 9:45:38 AM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Well, I probably wouldn't short INSP, especially at these prices...

My comment is mainly focused on the general impression of how Jain has effectively screwed all of us shareholders with his ineffective managing of the stock price, (and especially the manner and timing during which he announced the GNET acquisition).

I'm an angry long (my wife holds the stock), not a short.

But there is nothing long with being short in a stock at the right time.

As for OPWV... I would be careful initiating a big short position in it now. But let it retrace upward and if the strength in the stock is lacking, I would initiate around $45/share). This thing could bounce back hard and forcing you to to cover.

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But the weekly chart confirms the stochastic is rolling over.

Regards,

Ron