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Technology Stocks : IMAL - Online Shopping Mall -- Ignore unavailable to you. Want to Upgrade?


To: Howard Glynn who wrote (41)12/22/1998 5:28:00 PM
From: Richard B. Haenisch  Respond to of 399
 
Hello Everyone!

Thanks for the info Anthony@Pacific, but I shorted 5,000 shares of IMAL today at $24 and was FORCED to cover at $28 + !

OUCH!

What you all have to realize about these stocks is, it doesn't really matter WHO is involved in the company (convicted stock manipulator), daytraders are only looking for volatility!

THEN THE FRENZY BEGINS!!!!!!!

Today the stock hovered around $18 - $19 a share until Daytraders started the "craziness" and never let go of it all day!

Up to $32, down to $23 back up to $29 - UNREAL!

Tomorrow could be another "BIG" up day, only because it is now on the radar screen of every daytrader, and the "shorts" such as myself are driving the stock up, because we will be forced to cover.

If IMAL gaps up at the open? Look out below!

IT IS SELFPERPETUATING!

INTERNETS! INTERNETS! INTERNETS!

GREAT STORY IS ALL IT TAKES!

RICO

P.S. God forbid if Joe Kernen mentions them positively tomorrow,
also AOL is up $10 in after hour trading (will be added to the SP)

LET THE FEEDING FRENZY IN THE INTERNETS TO CONTINUE....