Impath Inc. (IMPH) Message Board

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Biotech / Medical : Impath Inc. (IMPH)

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To: matthew lamberson who wrote (22)	1/29/1998 7:46:00 PM
From: stockid	Read Replies (2) of 68

Sorry Matt, Last week IMPH made an all time high, 37 and change. Usually, when a company makes a new all time high it will receive some resistance before moving on. Also remember that IMPH is not a bad day trading stock because it moves in one and two point swings as of late. So, short time traders may have been taking profit's off the board. My strategy of late was this. Bought in at 27.and change. When stock hit 36. Sold out at 36.3/4. Waited, stock went back to 32 and whatever. Bought back in and now am waiting again. Next time it goes over 36 I will sell only half. Waiting to see if the resistence will be broken through. If it is let it run. If not look for new floor and repurchase the other shares. I will try and see if I can get more info on what's coming next with IMPH. MY source is on a business trip. If you stay long and just don't worry about the day to day movement you will do find in this security. Set a stop loss that you are comfortable with...10 to 15 percent. I am long in this one. But I am trading it for maximum profit. SK My number 4 post has IMPH's homepage.

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