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  • iwynne2002 iwynne2002 Feb 18, 2010 4:28 PM Flag

    Big intraday drops and then back up...

    This pattern is so familiar for IMAX. Usually a couple of weeks before a big release the stock runs up nicely. After the initial numbers come out for that release there is another spike and then the stock tends to go lower.

    I have been making money on IMAX using this pattern since Star Trek came out last May. This time around I think the stock tests new highs. 'Avatar' changed the game!

 
IMAX
25.99-0.32(-1.22%)Feb 12 4:01 PMEST