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


To: TA2K who wrote (3674)5/8/2001 3:00:16 PM
From: TA2K  Read Replies (1) | Respond to of 3725
 
TA Update as of 14:00 Today

IMAT should have had a better second rally today. The second rally at 13:30 just fizzled out, and now IMAT is tanking to it's low of the day, on pretty decent Q1 Earnings News released pre-market today.

This appears to be a bad sign for the current upward rally to continue. In other words, the current party seems to now be over. The Big Boys never even bothered showing up for the party; They didn't even drive by the house for a look-see.

IMAT, thus, is expected to tank over the next couple of months (particularly since there will be no intermediate sales PRs, as per Meyer's new flawed PR-non-policy).

Those buying in today will likely have a two month period of wailing and gnashing of teeth before even a chance of 'escaping,' let alone profiting. Those thinking of buying IMAT should look elsewhere for now. IMAT will slowly fall to below $2.00 again.

Sorry I have to give this bad news. But I like telling it how it is.

Best of luck to all here. I've already parachuted out.

Party's over; Now go home.

Always tuned!!