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


To: robert duke who wrote (3004)4/10/1999 12:46:00 AM
From: Chetman  Read Replies (1) | Respond to of 28311
 
Just picked up more shares at 144. Looks like GNET is setting up to break thru its high of 156 and head much higher, much like EXDS has done. Bot some EXDS at 135 a week ago, looking for a breakout over it's high of 155, now it's 189.

Also, anyone notice how the volume was weak during the decline to below 125, then picked up on the way to 147? Very bullish.

My GNET target is 190+ by earnings with 2-1 split. Once it breaks 156 with volume, it could reach my target in a matter of days.

If you guys think I'm crazy, keep in mind that the same logic (good price action, increased volume, etc.) initially got me into GNET at 87 the Friday before the BIG announcement. It also got me into CNET at 107 on Tues. and TGLO at 59 on Wed.

Good luck to all.

Chetman