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Technology Stocks : JMAR Technologies(JMAR) -- Ignore unavailable to you. Want to Upgrade?


To: JEFFREY R. WILLS who wrote (3866)11/6/1997 12:49:00 PM
From: Bilberry  Read Replies (2) | Respond to of 9695
 
Here is a 2 week chart of activity, that shows that the selling started almost at the point where JMAR made the deal with the CATS shareholders. It is more than a coicidence that the stock has leveled off exactly at 4. As soon as buying comes in, I believe the market makers have instructions to sell down to 4. So these sellers don't want less than 4 for their stock.

tscn.com

If not for this, I would guess we would have already broken 5 and started to attract the institutional buying. Once the selling is done, we should be onward and upward. The conference that JMAR is now attending should bring in buying over the next week as the people that attended evaluate the company. I am not sure whether JMAR finished its video tape, and gave them out at the show, but I would think that it was probably the reason why one was produced.

Yes, I am frustrated by this, but it will be but a flash in the pan in a couple of weeks. It actually creates a buying opportunity. Remember the red chip review is less than 2 weeks from now.

--Bilberry