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

To: Angelo who wrote (2500)6/2/1998 1:45:00 PM
From: Angel Medina  Read Replies (1) | Respond to of 3725
 
What kills me about IMAT is that it took nearly 16 million trading shares for IMAT to go from 2 5/8 to 3 3/8, but only 3 million to come back to 2 5/8. Either there are many people holding the bag somewhere, or many idiots like me hoping for lightning to strike some day.
Highly frustrating, to say the least !!!



To: Angelo who wrote (2500)6/2/1998 4:59:00 PM
From: art slott  Read Replies (1) | Respond to of 3725
 
An increase in the short position is bullish since the shs. have to be bought back. Many of these shs. will be covered as we get to the bottom of the trading range and the stock moves up.
The trading range has been just under 2 1/2 to 3 +.

Good trading, Art


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