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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?


To: TheStockMonkey who wrote (1002)4/22/1999 3:42:00 PM
From: Cathedra  Read Replies (1) | Respond to of 1377
 
Thanks for the links.

I would not be surprised if Arsensio covered yesterday morning (after competition announced and NSOL did not take a nose dive) and shorted again this morning (when NSOL could not break through $110). Whether it's Mr. A. or someone else, my sense is there is a lot of short selling going on today. Tuesday's drop on heavy volume suggests that most of the nervous longs have exited their position. And many of those who bid NSOL up 50+% yesterday will hold out for a big killing rather than settle for a modest profit today.



To: TheStockMonkey who wrote (1002)4/22/1999 4:43:00 PM
From: Cathedra  Respond to of 1377
 
I saw the Arsensio press release. "NSOL fails to obtain DOC approval ...," a sensational title that overstates the convoluted content, which I think means that there is some inconsistency between the ICANN arrangement and the DOC regulation/arrangement, which is not too surprising.

I guess we all have to be patient.



To: TheStockMonkey who wrote (1002)4/23/1999 12:20:00 AM
From: JKorzetz  Read Replies (1) | Respond to of 1377
 
If you have any complaints about the Asensio article, contact the SEC at www.enforcement@sec.gov . I did and asked them to investigate this article as Internet Fraud for stock manipulation. Most likely nothing will happen, but there is strength in numbers.......It's amazing........