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


To: Anthony@Pacific who wrote (963)1/25/1999 9:37:00 PM
From: jumper  Read Replies (1) | Respond to of 2220
 
daytraders.org

IMON market makers seem to have orchestrated a huge short squeeze......I expect so see
buy ins from all over the street on this big piece of junk and this one has potential to
destroy shorts over the next few days. IMON is a TOTAL piece of junk and I suggest
avoiding it at all costs.....this short squeeze and the impending buyins (where brokerages
force shorts to cover or they will cover for the shorts at the market on open) could last for
several days. I think that at some point IMON is a definate short but not until the coast is
clear....there are several large sellers pushing the stock price up and squeezing shorts, so
they can sell into the short cover rallies. IMON may make shorts cry over the next day or
two and should be interesting to watch.



To: Anthony@Pacific who wrote (963)1/25/1999 9:41:00 PM
From: zoya  Read Replies (1) | Respond to of 2220
 
there seem to be so many longs right now.....
who is going to be there buying tomorrow.
no one.imo.
zoya.



To: Anthony@Pacific who wrote (963)1/25/1999 9:50:00 PM
From: JWA  Respond to of 2220
 
Unfortunaley you are probably right about the volume being daytraders. As you put it, I am a "daytrading yahoo" and the last two weeks have been unbelievably fun and profitable. However, I still have my "core" long term dream company position and must admit that I am getting a bit nervous about my decision NOT to sell this position which I bought at 1 3/8. I would never forgive myself if in two years this stock is at a split adjusted $200. In the meantime, I do enjoy this day and hourly trading in and out of this once in a lifetime trading stock. JWA
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