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Strategies & Market Trends : LastShadow's Position Trading

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To: ViperChick Secret Agent 006.9 who wrote (7541)1/29/1999 2:08:00 PM
From: LastShadow  Read Replies (2) of 43080
 
"shares of IMON are hard to find to short these days"

well, admitedly, I am looking for short squeeze as well (but not at Dion's expense). When the stock didn't go below its lower trendline on the news, I started keeping an eye on it all midday. At 7 3/4 a huge block of buyers kicked in and are waiting to get filled at that price. Watching now to see what happens.

Edit my mental stop loss is a 7.5 x 7 5/8 bid/ask spread

ls
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