IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM?? Message Board

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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??

IMPX 6.210

+13.3%

Oct 22 3:59 PM EST

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To: Xavier who wrote (2523)	9/23/1997 5:26:00 PM
From: lml	of 2560

Xavier, your speculation that "the other possibility is that someone knows that a positive announcement is being made soon and is forcing the price down through stock manipulation" makes absolutely makes no sense. If any trader was in possession of any material info that market does not yet possess, he would be buying, not selling on an impending positve announcement. I too am concerned with the trading pattern over the last couple days. My only guess is that some traders who have played IMPX on a turnaround, have grown impatient because nothing concrete appears in the pipeline, notwithstanding a bull market for semi-conductors, & have started sell. Like I said earlier, I view my investment as "dead money." Most bottom fishers don't like to wait a year or 2. Their attention span might be long as 6 months because they got other fish to scavenger.

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