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Non-Tech : IOMG just dropped $3.50 in 15 minutes (5 million trades!)

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To: Cogito who wrote (8)9/27/1996 11:19:00 AM
From: Marie Thorsson   of 25
 
Of course you're right, but 5 million shares in 15 minutes is something else - I've never seen anything like it, but then again not many stocks trade 27 million shares in a day (and yesterday, nothing even traded half that volume on NASDAQ).

Today (as if you don't know already), it's higher again, currently looking comfortable at around 23 1/2, but still as volatile as ever.

I'm confident it's heading way above 30 in the next few months, and maybe higher than 50 in the next year, but with all the shorters and momentum players out there, it's hard to tell when this stock will show its true value.
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