Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (6274)	1/25/1999 7:28:00 PM
From: xcr600	Read Replies (1) of 122087

I said last week off thread the way to play IMON this week would be 25% each day. Unfortunately I got antsy and started last Friday. Bit early, to say the least. I see 12 to 15 before this one collapses. Have been increasing each day, but my target today was only 8 1/2, so I didn't get anything above (have to enter orders before going to work). Tomorrow's will be at 10 1/2, 12 and 15. There isn't a MM in the country that's going to be long this dog after Thursday. BTW, someone asked about institutions buying a stock that is heavily shorted. It has been known to be done from time to time. As for the convertible holders, would they have been shorting last week after the initial pop and covered, and now reshorting this week? Curious as to how those guys play a p&d. x

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