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Microcap & Penny Stocks : Imatron (IMAT)
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To: RAY J who wrote (24)2/17/1997 10:40:00 PM
From: russell Leon Rich   of 138
 
Hello Ray. I enjoy reading your messages so please continue. You have mentioned several times about not trying to catch the javlin. And please understand, I am not questioning your experience, you obviously are doing quite well, just an observation. Doesn't Imat seem to be going lower and lower? I know it has spiked up at the end of the month the last few months and this is where you can make money on these swings. I don't have a whole lot of money to ' buy in' at let's say 2.75, I mean at best 1500 shares. I realize this would still be a nice gain. But do you feel this stock still has more to drop? Also, as far as your research on a company, what kind of technical analysis do you do on a stock? How do I look at a chart, I mean what things do I look for? How do volumes relate to the price of the stock? I realize these may be somewhat simple questions. But, I havn't got the grip on this yet.

Thanks for any help you might be able to give me.
Russell Rich
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