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


To: snerd who wrote (15031)5/23/1999 1:34:00 PM
From: DanWebzster  Read Replies (1) | Respond to of 56537
 
Thoughts on IOM

Thanks for the welcome TJ, Tony and Snerd.

After following up on Stockhawk's recommendation of IFCI, I loaded up and foolishly sold it all on Friday for a 1 1/16 gain. (Why Oh Why didn't I keep half?) I think it has some more legs in it. Now I'm looking at other stocks with a similar pattern to IFCI. IOM has been basing for a quite a while and may be ready to uptrend soon. Some are forecasting a rosy near-term future for ZIP sales and they have cut their overhead by closing plants and outsourcing manufacturing. Do you guys have any thoughts?