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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: av8r who wrote (6989)1/28/1999 7:09:00 PM
From: JC Money - President of a Loca  Read Replies (1) | Respond to of 122087
 
IMON - the hype from individual investors are still there. Yahoo board is being flooded with clueless investors who thinks WebZinger is a "search engine" on the Internet such as Lycos or Excite... I think we gotta see some major sell off from big boys (MMs) who will be dumping this eventually when they think the hype is gone. Today's volume (about 4 mill vs. past 2 days average of 20 million) tells me that the interest is wearing off so, it WILL go down sometime. I just want that sometime will be sooner than the later as I am pressing with the margin call (just like other longs and shorts).



To: av8r who wrote (6989)1/28/1999 7:52:00 PM
From: JC Money - President of a Loca  Respond to of 122087
 
IMON - It's SI vs. YHOO :-) If you look for the messages regarding IMON on SI, it appears that most SI members hold short position now. If you read messages in YHOO, there are still a lot of clueless investors hoping for a %500 gain from the current level. That shows SI members are more educated and experienced. Now the question is, who holds more shares? I would say YHOO.. However, volume tells me that many investors may have taken profit from the long position. Their product pretty much sucks. Downloaded the version 6 beta and did search on IMON, took over 1 hour before it returned the result and the interface is not for novice users. I think the key to the future stock price trend (at least for short term) lied when the MMs will sell off their shares. Hope it happens sooner than later..