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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (13184)8/19/1998 7:05:00 PM
From: Instock  Read Replies (1) of 120523
 
Jenna: A Dead Cat bounce play from last week looks like it might become a Short term Short Sell. IMSI
IMSI has tried 3 times to break though 8 1/8 to 8 3/8 range and failed. Now IMSI looks like it will try re - testing the 52 week low.
Not sure if it will make it all the way down there but should drop at least to $7.25 range. That would be a nice 9% gain in just a few days of shorting the stock. On Margin a 18% gain.

Instock
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