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Re: Nowak488 post# 17879

Wednesday, 11/12/2014 1:18:34 PM

Wednesday, November 12, 2014 1:18:34 PM

Post# of 47873
nowak- I hear you but, but still, I can only view shorting in this stock as more of a strategy than a method for making a profit.

The retail shorts and the pros would have let the stock run, and then bang it backwards. Yesterday I watched level ii and the momentum was effectively gummed up via 100 share lot sells from 1.36 to 1.42 or there abouts. Why at 1.40$, well that is the area where mgt. has right to buy options.

As to your strategy of a dump-seller / future convert, meaning DMRJ-- well that could be true until you look at the price range and the tactics employed, in my view. I believe they are smart enough to let the stock leap past its high of the year before they start shorting. The WALL of 100 share sells lined up quickly and ahead of the early momentum but even then, a large sell order was placed around 1.28 to 1.32 that allowed the 100 share sells higher up the ladder to line up. Yesterday was strategic action on the sell side. It worked as longs were neither sellers nor buyers and new buyers were in short supply, to use a pun.

Best of Better LUCK to ALL IMSC LONGS!

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