Immucor Message Board - Msg: 3410385

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Biotech / Medical : Immucor

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To: Joe Money who wrote (26)	2/12/1998 6:32:00 AM
From: Jim Cash	Read Replies (1) of 422

Joe, We are having a healthy retracement here. Technically , it looks like we are going to retrace back to 9 which would be very healthy for this issue. I'm using this retracement to add to my position also as it looks like buys are outpacing sells here. The market maker seems to be lowering the ask price to meet the bids for a moment so alot of these trades that we think are sells are actually buys. 10 5/8 is the number to beat now, if we do then we should shortly be in the 13-14 area. I've been following this one for 5 years now and I've seen the MM push this thing down a buck on a 1000 share sell. With that in mind, the 200k day we had with the upward movement was VERY positive... The big blocks indicate some mutual funds moving in.

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