Replies to post #210 on IDM Pharma, Inc. (IDMI)

[surf1944]

Yes there is hedging & shorting in IDMI. $2.22 I'll be buying, if it breaks that then you can worry. The faster we have a spike down on heavy volume, the quicker I can make money on IDMI.

[rebmk]

i really doubt anybody in their right mind would want to short at these levels... there is really nothing to squeze out of the short position (see my previuos message) whereas losses can be massive...

people are jumping ship... some people because they are looking to make money some place else (remember, we are living in the era of instant gratification), some just follow the herd.. and guess what, the fast money dudes, they could care less about fundamentals, this is cut the losses and run crowd... momentum rules...thats why beta is almost 8... when it starts moving in the other direction, we will be past $3.5 in the hurry... but i am curious, would momentum take us past cash + tangible assets mark? we shoud be there very soon... that would be hilariuos...