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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: BANCHEE who wrote (4771)1/16/1999 5:15:00 PM
From: Poet  Respond to of 56535
 
BANCHEE: IMON:

Great post on using caution and not greed trading IMON this week, Banchee. I was particularly interested in your view of the trading waves we might see. Good trading opportunities, I think.



To: BANCHEE who wrote (4771)1/16/1999 8:02:00 PM
From: LTK007  Respond to of 56535
 
To all regards IMON,read Banchee's post #4771 very carefully-- we still no very very little about this stock,outside of it's being a frenzy momo that can crash and burn.
I am picking up both excitement and suspicion about it's tech----
and nothing proven--
for those going to get serious about this stock,take time and read SEC filing(which I haven't) as I am NOT playing any stocks for a couple weeks at least--
But I do know that IMON came into existence through a reverse merger with a shell company called California Sports(CALP) and then changed their ticker to IMON--also,this stock traded 23million shares on
Friday,and keep CNKT in mind a similar build up, but its been slippimg since it's big push--
like BanChee says,this is not a play for newbies I feel---for instance,this could Gap at open and then crash--we don't know.Max