Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: EenieMeenie who wrote (2038)	3/16/1999 9:22:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 28311

CNOLT, Shorting a stock like GNET which has such a small float is a risky proposition. I suspect shorts will operate on a similar TA basis as Daytraders. Look for a couple of quick points and cover until weakness in volume presents itself an opportunity to load up their short positions. Even then, they will run with tight stops given that VV provides an extraordinary risk factor to a potential short-seller at these levels. You just don't know what news release might pop up that squeezes their positions. I do think we have legs to higher levels (although I don't wish to state a number). Regards, Ron