Idle Media Inc (IDLM)

[wadirum1]

I remain optimistic that IDLM will be bought out north of 30c. If that happens, $4K invested at a price of 2c per share turns into $60K-$80K.

The problem is the lack of information coming directly from the company and the difficulty of gauging Marcus Frasier's goals and where he and IDLM stand with the SEC. It is difficult/impossible to prove my beliefs about a buyout, and there is no way to put a timeline on when this might happen. So, here we sit.

I have enough shares (still 1.7M). But if I can score a couple more winners in my wild-ass risk-taking portfolio, I might toss a few more thousand into this.