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Technology Stocks : IFMX - Investment Discussion

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To: Sonny who wrote (11844)9/9/1998 1:52:00 PM
From: Robert Graham  Read Replies (1) of 14631
 
A down day for IFMX under light volume, which is a good sign. Now we need an up day under higher volume to follow this day, and at the same time make a new high. Then I will think that IFMX will reach at least 5. A move to 5 from 3 1/2 is close to a 50% move. However, for a 1000 share short term position, it amounts to only $1,500. I guess it all depends on how you look at it.

Bob Graham
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