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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (10843)8/24/1999 6:22:00 AM
From: LTK007  Read Replies (1) of 59879
 
The only reversal on IMAA you will get is to get in at the low and catch the pop when shorts cover enmasse---and sell on that pop--as I am short IMAA from 12.5 I say many of us are not intending to cover until between5-6---it could possibly have a brief run to 8.5 but the stock is dead,Tokyo Joe's pump and Dump is totally exposed and Joe,because this made the front page on the New York Times,won't touch it again as he well knows the SEC is has made him a numero uno target.
Good Luck,Max90
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