IMRS racking up y2k contracts. 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.

Technology Stocks : IMRS racking up y2k contracts.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lbs who wrote (2380)	4/26/1998 4:43:00 AM
From: paul e thomas	Read Replies (4) of 3162

NANDA, After studying the intraday charts of IMRS and other non y2k that got hit hard I have concluded it is likely some people who listened to the conference call sold immediately upon completing the call. My hunch is it would be those investors who are trying to capitalize on the short term impact of Y2K on stock prices.If this is the case they should be out of the picture in terms of dumping their stock. The other significant thing is the really big volume on Friday occurred within 15 minute intervals where the candlestick charts show the price atthe end of the 15 minute period was higher than at the beginning.I believe IMRS will open down due to sell market orders placed over the week end by individuals. I believe however that IMRS will be up sharply by 10:00 A.M. and close up > 2$. If you are buying I would think a market order placed about 9:40 would be optimum. Now hows that for a rather specific "wild-ass-guess".

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next