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Technology Stocks : IMON - Quoted from Barron's Corporate Reports

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To: Mama Bear who wrote (384)1/17/1999 9:50:00 PM
From: GT  Read Replies (1) of 2220
 
Well now hold on Bear - the average trade size Fri was 879 shares - hardly the big boys. I'm glad you brought this point up though - I really am trying to save you from a grave mistake in timing.

Since the average trade size is below 1000 shares we know that on average no one is holding a ton - but that there are many holding a little. This means that people have not sold the family silverware or mortgaged the farm to buy IMON - and so they will not be so nervous or quick to sell the moment the price drops a point. These masses are waiting for MUCH more from this co. Herein lies you big problem : THERE ARE MILLIONS MORE OF THESE LITTLE GUYS FINDING OUT ABOUT IMON RIGHT NOW WHO ARE WILLING TO BUY 500 OR 1000 SHARES TUES MORNING - AND ALL NEXT WEEK. They are not nervous - they are looking for the possibility of getting a few shares of something that will be huge while still in it's infancy. They will be like a plague of locust imo - and that will be the worst possible scenario for you/Anthony and any other shorts. You won't really ever know when the next wave of irrational speculative buying will hit and squeeze you guys up the chimney no matter how shortable IMON is looking to you.

Think about it.......
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