TREV (IMGX - Network Imaging, by another name) Message Board

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Technology Stocks : TREV (IMGX - Network Imaging, by another name)

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To: Michael Sphar who wrote (75)	1/15/1999 6:55:00 PM
From: Jay Morrison	of 108

Here is something you don't see every day for this stock. Treev was actually #13 on the list of biggest percentage gainers for Nasdaq today. Isn't that a lucky number? Don't get too excited about things. I am a full time daytrader. When Treev was at $3 1/2 today and the offer was $3 9/16, but nobody was trading it there. I purchased 500 shares at $3 9/16 simply to make it print a new high for this move. I did it again at $3 5/8 and at $3 13/16. Everytime the market was hesitant about moving a bit higher, my partner and I printed a new high for Treev today. The move from $3 1/2 to $3 13/16 was on less than 25,000 shares. The volume for the last 50,000 shares that moved us up to $4 1/16 came in during the end of the day. Briefly the offer was $4 1/8, but it didn't trade there. The next to last trade was the high at $4 1/16. Then someone sold at $3 31/32. I was kinda pissed at that. The point I am trying to make, the move today was very artificially inflated by some buying at critical points. Nothing illegal, but very thin support. This stock could easily have closed at $3 today.

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