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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease -- Ignore unavailable to you. Want to Upgrade?


To: Harold who wrote (3546)7/25/2000 10:44:57 AM
From: Thai Chung  Read Replies (1) | Respond to of 3725
 
Harold,

It looks like market is scared before the econ. news due out this week.



To: Harold who wrote (3546)7/25/2000 6:57:01 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 3725
 
Harold, IMAT is not moving for the same reason you are not moving. LOL Just need to spend a little time in one place.

There are a number of stocks which had excellent earnings that are not moving as buyers are in a bit of a holding pattern to see what else comes out this week and whether the market is going to correct some more or pursue the faintly distant "summer rally".

Good news, IMAT didn't drop, but an earnings of .01 doesn't excite the market. If it had been -.20 and estimates were -.22 it would probably have jumped 20 points. LOL

Hope you guys are doing ok.

Bruce



To: Harold who wrote (3546)7/25/2000 7:15:09 PM
From: MJ  Read Replies (1) | Respond to of 3725
 
Harold

If you feel somewhat disillusioned by the stock's not moving and feel like selling---don't. Just put it aside and someday without any reason known to anyone the stock will move---then don't be tempted to hold too long and lose your profit.

This actually describes how I work with stocks that are a disappointment on good news. Usuallly, after I sell, the stock then moves. No scientific reasoning to this even though I mostly look at stocks technically---just past experience and not following disappointment in news.

mj