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Technology Stocks : IMON - Quoted from Barron's Corporate Reports -- Ignore unavailable to you. Want to Upgrade?


To: GT who wrote (381)1/17/1999 9:34:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 2220
 
gorcon, I'm not all that impressed by the volume. It's a low dollar stock, and daytraders would be taking positions of 2, 3, 5k at a time. It adds up. I do hope the stock gaps up huge, and that I'm able to get the borrow.

Barb



To: GT who wrote (381)1/17/1999 9:52:00 PM
From: xcr600  Read Replies (1) | Respond to of 2220
 
<< why on earth would you try and short here ? You know as well as I
do that no hype job/P&D scheme in the world can generate 23.5 MILLION shares in a day ! >>

Let's see, the stock on average trades about 308k shares/day (Yahoo's #). Friday it trades over 23mln an increase of about 32k%, and the price only rises 200%. Seem like the stock was under accumulation now? With that kind of volume, and everyone wanting in for the next "Yahoo", the price should have closed around 300.

x