AI
Friday, November 23, 2012 8:02:59 AM
More Insiders selling on 19 November @ $11.38/share and on 16 November @ $12.46/share... If Insiders don't think that IMH can hold these levels for long, then I am inclined to agree with them...
However, If the economy picks back up in 2013 & we see 3-4 months of sustained growth in the housing sector, IMH will be worth a good long look, but I do not see an entry above $8.00 to be practical at this point in time...
I hope everyone had a great Thanksgiving... Chart Below:
_IMH,_Daily(c).png)
All comments, even those presented as facts, are opinions, and are subject to change. Readers should not use this comment, in whole or part, as a basis for making investment or trading decisions. All information contained within this comment are hearsay a
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