Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (885)	9/9/1999 3:36:00 AM
From: Marshall001	Read Replies (1) \| Respond to of 5529

My pick for the rest of this week and next week is IMGX. Turned up nicely off of lows in the 12's in the last few sessions and started to break out yesterday. It actually seems like an easy pick only because it is the only IPO in recent memory that has not traded over 20. Looks ripe for a run-up to me. I still am not totally convinced of their fundamentals but look at HOTJ and BAMB. Both are doing well with even less revenues than IMGX. Only a position trade. Will sell if the strength continues. It could pull back into the 14 range but I don't want to miss the boat. BTW I have an order in to re-open my LIOX at open. I think it could pull back a little further with the PPI report on friday. I may wait until tomorrow afternoon and double up if it is lower. If it keeps with its trend a re-visit of the resistance/ now support level at 18 is possible but you never know. M