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


To: Jibacoa who wrote (927)5/29/2007 12:09:34 AM
From: Hawkmoon  Read Replies (2) | Respond to of 1011
 
Institutional holdings up to 55.8% now..

Goldman-Sachs has increased position by 408.49% from less that 250k to 1,280,814 shares. Franklin Resources has increased to 5,066,234 shares, up 44.9%

nasdaq.com

Does this portend a bottom being put in place around $15/share psychological support level? The next couple of weeks will tell.

I'd like to believe that a firm like GS didn't increase their position by 400% merely to see the stock break down even more.

bigcharts.marketwatch.com

bigcharts.marketwatch.com

The Monthly chart is the real indicator, IMO. It's VERY oversold.

bigcharts.marketwatch.com

Hawk