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Microcap & Penny Stocks : IDMC Waste disposal or just garbage? -- Ignore unavailable to you. Want to Upgrade?


To: Richard K. who wrote (634)3/20/1998 5:32:00 PM
From: Lou Cifer  Read Replies (2) | Respond to of 972
 
PKWKNK,DoubleD & Co.,
Let me explain what's going on.
Nobody that bought IDMC between $1-2 is selling now,50% sold at $7+
and 50% still own it for the long term.
OBV doesn't work with this stock.There's a group of traders(5-6 guys)
who make tons of money in this stock every quarter.How?
They all get together and begin to post negative comments and false information to have the "little guy" sell shares in order to take the stock down to $3 1/2-$4.After a few days at that level they begin to
buy as much stock as they can knowing that with news coming soon they
could trade to $5 1/2-$6.
If you don't believe me that's your problem;check price action and volume around the time it hit $3 1/2.Open your eyes and make money!