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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?


To: Ed Devlin who wrote (1380)11/10/1997 12:15:00 PM
From: Matt C. Austin  Read Replies (4) | Respond to of 3744
 
This new IPM thread is better than the old one -- Chatters doesn't post as much here.

Should be an immediate move to $11 -- it will take 3 days before the real action starts. It takes awhile for the word to get out. Then you will see Chatters and the rest of the goons really sniveling and screaming scam. Chatter's pals are not going to be happy with his lack of influence on the stock price. A lot of the funds are just waiting for Bateman's signoff to double their positions. I look for $20 within 5 trading days.



To: Ed Devlin who wrote (1380)11/10/1997 12:17:00 PM
From: Bob Markley  Read Replies (1) | Respond to of 3744
 
<< How big do you expect the gap to be? >>

A $10-15 gap would be about right, ... however upwards to $50 is possible. The stock will most likely be haulted in the a.m. and take a long time to open due to the imbalance of the huge number of buy orders over sell orders. Expect the ask to be very high and drop to match to a bid level as the MM's will not take in short inventory. MM shorts position traded over night will be the first to cover, then the professional shorts will cause it to blast as they fight for shares, with the new buyers & themselves... short squeeze,..very exciting!!!