SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IDMC Waste disposal or just garbage? -- Ignore unavailable to you. Want to Upgrade?


To: Lou Cifer who wrote (635)3/20/1998 8:35:00 PM
From: pkwknk  Respond to of 972
 
...I agree..I dont remember if it was here or another board, that about a mo ago I figured the shorts would try a few more times in mid 5's...well, here it is...what will blow them away is when they get stuck on the breakout above that level, and have to cover, moving it higher..agreed most sellers here are small guys and mmers shorting to drive it down, shake out, and collect on their remaining short investment...Lou depicts the larger investors right on the money..bought at 2, sold part 7-8+, held till now, adding in low 4's including today...a no brainer, if youve done your homework , trust it, and although annoyed and irritated at the trashers, realize it is all smoke, no substance, and very short term in effect



To: Lou Cifer who wrote (635)3/22/1998 1:03:00 PM
From: RWS  Respond to of 972
 
This was copied from the STRC site - Security Traders Resource Center. It indicates that IDMC is a good buy now.

"4.Watch volume during reactions against the trend. When an up-trend is punctuated by a decline, volume often picks up in a flurry of profit taking. When a dip continues but volume shrinks, it shows that bulls are no longer running or selling pressure is spent. When volume dries up, it shows that the reaction is nearing an end and the up-trend is ready to resume. This identifies a good buying opportunity. Major downtrends are often punctuated by rallies which begin on heavy volume. Once weak bears have been flushed out, volume shrinks and gives a signal to sell short."

RWS