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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: Skip Jack who wrote (1650)4/10/1999 7:49:00 PM
From: mike.com  Read Replies (1) of 13157
 
I hope everyone here has been checking the chart of IATV. I know it looks like it is defying all logic and understanding but do an interactive chart and check out that Money Flow. When I first began watching this indicator, the parameters were at 5 million dollars. Last week the parameters were at 100 million. On Thursday there was a slight dip as the stock retraced a half point and people took some profits, but on Friday this indicator soared right on past 100 million. See for yourself:
bigcharts.com
By next week it wouldn't surprise me to see the parameters at 200 million. Money is flowing into IATV and I would imagine the float is drying up. I had a friend put in an order near the close on Friday for 5500 shares and it was only partially filled. I have heard others say the same. It's the law of supply and demand and the supply of IATV stock is getting thin.
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