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Revolutionizing Investor Psychology
 
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IMMR

 
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rm



Joined: 05 Apr 2006
Posts: 140

PostPosted: Fri Aug 03, 2007 10:06 am    Post subject: IMMR Reply with quote

This one's in a good position, I'm in at 16.64

The ema's are close together, it's coming out of a good pullback, it opened above the ema's, it gapped up, no serious resistance until the 20 dollar range, the earnings report yesterday was on the up side.

The only negative I don't care for is that volume is easing down as the price is easing up.

rm
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Fri Aug 03, 2007 10:48 am    Post subject: IMMR Reply with quote

rm, you are right. It does look good. I like it. I will be following it. The thing that concerns me is the price increasing with lower volume. I think I will wait and try to pick up some around the t-line. (16.23) With lower than average volume when the sellers come back they can take it down because of not enough buyers. I have had this happen to me all summer. I have been trying to pick up some hmx this morning but it has lower volume also. I have found very few stocks this summer that has enough buyers to get a meanful trend going. The shorts are hitting them all. I think that is where the money is being made. Guess what I am not a short seller. I hope this fall the buyers will come back with enough strength to kill all the short sellers. Smile
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Fri Aug 03, 2007 3:10 pm    Post subject: HMX Reply with quote

hmx was down on low volume today. It has a big bearish candle that it made today. I got in at 8.145 just before the close. We will see what happens next week. I did buy around the t-line. Smile
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Harry



Joined: 11 Jun 2005
Posts: 128
Location: midwest

PostPosted: Mon Aug 06, 2007 2:44 pm    Post subject: Reply with quote

Boy, did I make a bad call on this one. I just came in and hmx is down .76. I will be hunting a getting out place sometime this week. Hopeful it will bounce a little one day this week.
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