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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (3720)1/7/1998 4:32:00 PM
From: stock talk  Read Replies (2) of 7396
 
Mark, did you ever take a position in IMGN or ACMI ? IMGN was up another 36% again today for a total of over 80% since I post it and ACMI was up another 18% today for a total of 45% in the last 2 days.

<Mark, long time no talk. Two gizzards ready for a breakout tomorrow, IMGN that is highlighted by Worth Mag that hit the news stands today and ACMI, the investor relations doctor has started posting on SI and is way over sold. Both look like break outs.>

Mark, take a look at FATS tell me what you think. Fats is in the process of getting a 100 million dollar contract with the Army. I expect the stock to run up in advance of the award of the contract. Nice move today, this maybe the start of the run. The contract should be announced in the next 30-60 days. Looks like all the sell pressure was rung out of the stock with tax loss selling in Dec, what do you think?
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