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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (2220)4/29/2001 7:33:25 PM
From: Al Collard  Respond to of 11802
 
Hi Red,

Your in with IMM-v @$.18 for 55,555 shares.

Chart for Immune Network Reserarch Limited(IMM-v):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart for IMM we can see that after a long downtrend the stock has righted itself and appears to be in a basing pattern right now looking for direction. There appears to have been a little profit taking last week on low volume after the run-up in early April, as evidenced by the indicators which have a slightly bearish bias. The stock should have support now at it's 20EMA @$.17 and will have resistance at it's 100MA @$.23 The stock has news on Friday relating to one of it's equity investments, so hopefully it will move up as the market absorbs this news.

Good luck with this pick Red,
Al



To: Rocket Red who wrote (2220)4/30/2001 12:52:57 AM
From: ralfph  Read Replies (1) | Respond to of 11802
 
Hey Rocket I own a chunk of that IMM POS and have been bagholding it for a while. I sure would like it to pop up to the 50 cent level soon. It was a short term trade that became an investment.<ggg>So I hope yah get a 200% return this week.
And its still April 29 as I write this so my pick better get in or I.m going to feel picked on.

ralfph