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Technology Stocks : Internap Network Services Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (841)	5/19/2006 12:16:01 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 1011

Wow!! What a day for IIP.. Couldn't believe it retraced back as high as it did... Bounced off the 50 DMA, but I missed the rebound. I'm currenly out of the shares (so it will probably go up now..;0) But I'll be watching for a sign of direction when this overall pull back is over. The one thing that seems to remain hanging over the stock is this reverse split. Management, IMO, made the mistake of leaving it open as to what kind of reverse split they were going to finally vote on. That makes it a tempting target for shorts who might want to push the stock down to the point that a 1 for 10, or GOD FORBID, a 1 for 20 becomes necessary. Hawk