IMPX Stock Price Predictions: How Much? When? Why? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : IMPX Stock Price Predictions: How Much? When? Why?

IMPX 6.210

+13.3%

Oct 22 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Erik J. Lupien who wrote ()	6/1/1996 1:27:00 PM
From: Jim Roof	of 209

If anyone wants to know what is probably going to happen with IMPX please take a look at a chart of THRX and compare the big breakout in late December to the big breakout of IMPX. Now look at the trading action that followed THRX after its move (traded about 40-50% down from its breakout high then got squeezed into an a descending wedge that broke out into renewed buying interest then really popped after shares starting getting scarce). I know this is just a guess at this point but I personally am banking on IMPX being available at around 12-13 in the weeks ahead. I am not short on it by any means but I think this price area would be an ideal place to be and if the chart holds up it should be a fantastic chance to see profits short term. Real short termers could get in now at 15 1/2 - 16 and expect 19 in a matter of days but failure to sell may find one back at 14 and change. Rather bold prediction - certainly not what a lot of people want to hear but a runup from 8 to 23 without a good retracement would be very unusual. Jim Roof

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next