IIML- iMall Message Board

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Microcap & Penny Stocks : IIML- iMall

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To: Martin A. Adamo who wrote (12)	3/16/1997 6:53:00 PM
From: TATRADER	of 23

Hi Martin, I entered this stock on Friday applying a day trader strategy....I am looking for a price above 3.00 on Monday...If I am wrong, I will lick my wounds and exit....The strategy I am employing on this one is called "Lizard" 1) Today's open and close must be in the top 25% of its trading range...IIML did that on Friday... 2) Today's low must be a 10 day trading low....Golly it was...$2.44 3) On Monday buy 1/32 above today's high..... I might have bought early instead of waiting to see if momentum continues on Monday....Hope not to have to swallow that ugly creature... 4) Close position on Monday close..... There is another thread on this stock under Communications.... Has anyone got any thoughts on earnings? Regards, Mark

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