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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (2527)12/7/1998 8:48:00 AM
From: Tim Luke  Read Replies (7) of 90042
 
i just bought IFMX....i think this stock will be a mover this week.

Informix (IFMX 7 5/8 + 5/8) rallied on more than 6x average daily volume... Trading in call options has also shown increased activity over past three days... Basically, stock is once again subject of takeover rumors... Next resistance is at 8 1/4, with a secondary target of 10 7/16.
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