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

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To: PitBull who wrote (15)8/8/1997 8:24:00 AM
From: jwk   of 33
 
>> hopefully this upward trend will continue <<

E - imho, hope is a good thing, but if you invest on it the next thing you are likely to be hoping for is to see your $ again.

I'm still looking for any news/info concerning where the earnings are coming from to support a higher valuation. I'm not saying it isn't there or that IIML isn't worth several times its current price. Just don't like the idea of buying a pile of manure and hoping there's a pony in there with it.

There is also a manipulation known as a *bull trap* where the MM's will create a commotion, attract momentum types, and then sell into the feeding frenzy. Leaves them with a pocket full of your cash and the rest with a belly ache.

Basic question remains -- where are the earnings coming from?
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