IMGX, currently $3.50 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jay Morrison who wrote (382)	9/19/1997 1:56:00 AM
From: Michael Sphar	of 665

Hi Jay, I think this is more significant than just another "pathetic up tick". The climb started at 2:30EDT with what looks like a 30K trade and rose at a very steep incline after that, suggesting that most following trades were generated by buyers, ie most of the 700K shares traded were at the ASK. This rise will probably stimulate further buying by technical traders due to trend-line crossing. Heck I'm even scheming on buying more myself in the morning. This stock has based since early August and didn't reach the low it set back then. Looks to me like the bottom has been established and the turn has come. If it does continue upwards, taking out more moving averages, this stock could give a very significant ride. Time to buy more and hold one's breath!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next