IMOS longs, it was a good day for you. Clearly there is a real player patiently building a position. How high will he buy? I might cover my 25 and short big at $12-$13. In such an illiquid stock tough to fight a big buyer, even if management is #$%$ and facts are on my side.
Overall a good day. Added 70000 shares to my new second largest position (after AMCC). It will double or get bought out next year.
hmm !, can it work two days in a row. stock floundering around 11.15=11.18 slowly buy 10k @ 11.15. put a buy in for 10k @ 11.25 drive the price action up to 11.35- 11.45 slip 10k and 8700 sell in slowly at 11.35 someone else jumps in for a couple of 10k buys gets his fill and all slows down. price moves back to 11.15 slip a 10k buy in slowly at 11.15 got filled a couple of hundred at a time. sorry got bored needed to play and test a couple of things.