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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Tummus1 who wrote (734)5/14/1997 12:58:00 PM
From: David Wideman   of 1480
 
FWIW (which is probably not much, but what the heck . . . nothing else
going on):

About 158K shares traded early in day. All appeared to be "Buys" as
lowest trade was @ $.17 - Bid had just made it from $.10 up to $.14.

Just checked again, now 189K, so at worst - 158K Buys & 31K Sells.
Yet price is down $.03 for the day, as last trade was a "Sell".

Anyhoo, ratio of BUY/SELL = 5:1 (or higher), yet price down $.03.
DW hypothesis (translation: I don't have any idea what I'm talking
about) - Based on this 1/2 day scenario, underlying strength is growing,
setting the stage for rocket launch as soon as we hit helium, oil, gold,
uranium, silver, or whatever it is we're looking for.

Still having fun as the net worth diminishes,
David
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