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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (582)11/17/1998 2:01:00 PM
From: ColleenB  Read Replies (1) | Respond to of 11130
 
Has anybody ever watched IDMC....it's been building up volume with little to no price movement for the past month...

tscn.com

this is an environmental firm, with some pretty impressive credentials.... the last filing showed a loss because of administrative costs, which is not unrealistic in this industry,... these projects are generally years long...and if they learned, they've adjusted their contracts



To: Wayne Rumball who wrote (582)11/17/1998 4:47:00 PM
From: Jim Spitz  Read Replies (1) | Respond to of 11130
 
Wayne,
Yes a few sellers, but then at the end went up and closed at 0.60. MMs must suspect something and be holding tight rein on this one. I don't think anyone is going to pull the wool over their eyes. Do you know how many OS on GTCI?

jimS