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Strategies & Market Trends : Tech Stock Options

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To: Michael Hillman who wrote (2708)6/18/1996 6:00:00 PM
From: Judy   of 58727
 
michael, exactly what's happening with IMOG

The fun and games by the institutions that hold 100,000 shares or more. Hopefully they will not kill the goose that lays the golden egg. Let' see which direction they want to go ... for now.

But more importantly, there are small investors who bought IOMG in the mid 30's and 40's. Each time the stock makes a rise, these weak hands will unload ... the stock cannot rise steadily until the overhead supply is depleted. Yet an earnings report is coming out in mid-July, and we all saw how IOMG popped on the ACER and IBM news ... very interesting market psychology is ahead of us.
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