Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Flea who wrote (11079)	1/25/2003 7:46:24 AM
From: Al Collard	of 11802

Hi Flea, Your in with IVM-v @$ .10 for 100,000 shares. Chart for IVS Intelligent Vehicle Systems, Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of IVM we can see the share price collapsed last week losing over 37% of it's previous value. The chart indicators are extremely oversold but who knows where the bounce point is on this puppy as the sell-off has come on no news. With the 52 week low @$ .07 I think I would wait before buying to around this level on the double bottom theory, but you could be right Flea, it may bounce right here. (Wait) Good luck with this pick, Al

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