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TenaciousD

04/30/09 4:42 PM

#1762 RE: jammin rob #1761

I hope you are kidding

D
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meixatech

04/30/09 4:44 PM

#1764 RE: jammin rob #1761

By watching the asks for a thinly traded stock they may be able to scoop up anyone who has in place a stop-loss. I remember a few years ago when EPMN was trading in the $3.00 (?)range that within minutes of the end of trading the price suddenly went down to $.28 where, as I recall, 25,000 shares were grabbed. (I may have my facts wrong, but you get the picture.)The next day it was back up to normal pricing. The lesson? Never put in place a stop-loss for a stock like IDMI.

We may see something like this happen in the next few weeks.