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Strategies & Market Trends : IIML company called iMall/short term trade

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To: PitBull who wrote (6)7/30/1997 9:30:00 AM
From: jwk   of 33
 
*Where's the Money?* = the only thing the market values . . . Bottom Line Earnings . . . everything elese may be very nice, pretty, exciting, etc. , but earnings is ultimately the only thing that counts.

So, where does iIMall earn its money, and how much of it actually manages to trickle all the way down to the bottom line eps number that the market worships?

Market Makers on the NAZ are notorious for inventing ways to create the *appearance* of volume and for yanking the price around. They accumulate a position through a varitety of tactics, institute their smoke and mirrors routines, and then sell into the illusion of strength they created.

The game of chicken comes in with traders who may well know what is going on and who still think they can get in on the upside and out before the downside. The action is measured in time frames from months to minutes dependng on the particular company and how much smoke and mirrors takes to keep the game going.

Of coure there are other cases where a small company is breaking out for legitimte reasons. They have the product, business plan, management, and good fortune to put and hold it all together.

The most successful of all investing schemes comes from these: buy them when they are still low, hold them untill they are in orbit, take your profits and repeat the process.

All you have to be able to do to tell the true winners from the pretenders! :-)
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