Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree.
Looks like most on this board saw it and bailed. The reason for the low activity here.
BKRT and ASCM stopped all the momentum yesterday and it turned into a sell off. Maybe a bounce at .01?
Keep riding the upper bb and retest todays high eod or tomorrow. Selling slowed. $$$$
BKRT holding it down.
Yes I agree. I added
Looks like someone took profits to open the day
Why wait if you are really flipping this? Wouldn't a 30%+ flip have been great if you caught it at .01 today?
Steve.Slilaty@hotmail.com was the listing email a year or two ago.
You also said it wouldn't hit .02 again and it did today.
Delisting with shareholders getting screwed.
I like trading this company. Have been in and out a couple of times. The problem here is the short side manipulating is very strong right now. A positive earnings might put it back to $1 more or less maybe? That would still leave a lot of people on this board in the red. Unless you want to be married to this stock for a while then you might have to be realistic. I want to see this company succeed too but it's hard to see anything good happening short term. These bs articles have done their job in the short term to screw the retail shareholders.
Yahoo finance and some other outlets are currently showing as an eod trade with closing price at .01
Accum/Distribution line spiked up good today. Let's keep that trend going.
That was some manipulation at the eod. Down ticks with quick bid hits
BKRT looks like it has a lot of hidden shares again
Spread needs to stay tight or the ask will keep getting undercut
If those buyers are smart they would wait until eod to push this up again.
true. the chaikin money flow has been looking good for over a week. money has been coming in but not that much yet. still waiting on a volume spike.
If that's the case then this will pop even more on good news. I don't like the manipulation but I do like the cheap shares.
Everyone is waiting for Monday morning for clarification. We will see what happens.
"acquisition to support a historical operating focus PRIOR to the current cannabis industry focus"
Thank you for the clarification. I can keep adding to my position waiting for the real news to come.
I'm curious what acquisition that was for. Is that the one they were going to announce today or tomorrow?
Still way oversold. Just need some buying pressure now.
MACD and MFI going the right way. Seems like it's building and now we need volume.
Maybe the .008's but what would ever make you think that it would go lower than its 52 week low?
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
Looking at dailyfinance.com I see that there is still institutional ownership. Is it accurate and why would they not sell by now?
http://www.dailyfinance.com/quote/nasdaq/imris-inc-common-shares/imrsq/ownership?source=itxwebtxt0000005
They have until the end of the year to do it. The terms of the LOI are great. It's already starting to run in after hours.
Thanks for the quick answer.
Does the company have to sell to Deerfield at the end of the Chapter 11 process? Or can another company come in and offer more? That 9.5 million seems like a panic offer.