looooooong gone !!!!!!!!
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.
Excuse me .... but what the heck does that mean?????
I guess I am just stupid in interpreting gobblydegook - but what does this mean in plain English?
At this point in time .......does it really matter?
It's in the charts - I can "see" the investor psychology in the charts.
DJ may or may not be an honorable man. That is not for me to judge.
However, I do believe the "market" tells us what the people who are willing to invest ( or maybe " bet " would be a better term) are leaning towards.
I have no skin in the game here as I have sold all my shares when I could get out with a profit.
Just really interested in following investor psychology. Always something to learn .
We are now challenging the .11 support level.
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p29167583854&a=228499894
No, not at all.
I don't think at this point that Dean's "presentation" will have what it take to juice the PPS upwards.
So, the technicals will determine where the PPS goes.
Now, if the "presentation" tonight blows us out of the water, then the fundamentals will trump the technicals. It is always that way.
I never thought I would come over to the "dark side" (Cons)
but , I have to admit that things have materialized in such a way that DJ
looks more and more to be a manipulator ( I won't go with the carnival barker etc. nicknames )
of the stock price.
That's the chance you take with a "penny stock" -- learn your lesson once and for all !!!
1.7 million shares on a down day is NOT a good sign.
I don't care what JD presents tonight - the market is telling us what is what !!!!
In "chartist language" it is still overbought .....
Means a pullback is probable - and , guess what - we are getting it now.
Overbought is determined by the momentum indicators - those little squiggles on the graphs
above and below the main chart .
See, this technical stuff works !!!!!!
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p44540954635&a=228499894
The closest supports are .11 .096 and .07
If a PP sale takes place at .06, as has been mentioned here, I would think that would be the immediate "drop to" price
I know --I know --said I wouldn't post anymore...........
Can't help myself -- no discipline I guess----:o))
1.1 million share so far today and VERY VERY OVERBOUGHT
This "presentation" better be the real deal or there will be a crash in the PPS that will be
heard around the world
Very good , Grasshopper !
You are learning to read the charts.
mugs-perhaps you didn't understand my question.
I asked "What are the names of the sources close to Mike Nessen ?"
If you want to have credibility with this post, and in general, then you will answer this simple question.
If you can't name names, then your whole statement is totally meaningless.
Anybody can throw out " sources close to _________ " --- meaningless !!!!
Or, "according to unnamed sources" --- meaningless
mugs-"Sources close to MN said the company was in close contact and passed info to hedge funds. These funds made a killing on the way up and on the way down."
I would like to know EXACTLY who those close sources are - I know who his close sources are and doubt that you know their EXACT names.
Time to ante up and tell the truth. "Sources close" just doesn't hack it.
You are not a newspaper reporter, so you can divulge the names. I can hardly wait.
I didn't use the term - Dean did. See the definition of "proof of concept". It is a VERY SPECIFIC term that has a very specific meaning. That wasn't an accident or co- incidence that Dean used that term.
I would consider myself a PRO, and I am not the least bit (positively) impressed with the POC terminology.
I was considering buying some shares prior to the big demonstration, hoping for a quick trade after the "pop", but I think the pop needs another "o" in the middle.
More proof of concept:
If this is what Dean meant by proof of concept - and why would he use that specific term if that is not what he meant?- then this demo will probably be very disappointing to us all.
Expanded def:
Proof of concept
From Wikipedia, the free encyclopedia
A proof of concept or a proof of principle is realization of a certain method or idea(s) to demonstrate its feasibility,[1] or a demonstration in principle, whose purpose is to verify that some concept or theory is probably capable of being useful. A proof-of-concept is usually small and may or may not be complete.
In Engineering
In engineering and technology, a rough prototype of a new idea is often constructed as a "proof of concept. For example, a working concept of an electrical device may be constructed using a breadboard. A patent application often requires a demonstration of functionality prior to being filed.
Lamb-from the technical viewpoint, that is exactly my position.
If the video is REALLY REALLY good, we should see some sort of bounce or pop up.
But there is a huge line in the sand at .14 - .15
With everything coming up roses, I just don't see the PPS getting thru that.
If it does, I will load up for a short term trade.
The next resists are at .19 and .24 but they are not anywhere near as strong as .14 - .15
Could make a few bucks while waiting for FHA to make up their minds.
Get real is right....................................
Would you do that if you were in charge?
The expense in time to transport and set up and possible damage done
in transit to and from isn't worth the risk.
A video can be spliced in to the interview, and I think most rational people
here on this board would accept a clear video done in the scientific manner
in which it will be done ( which is allowable by the FDA)
The video will be made where the machine is. How would you expect a live presentation on TV to be accomplished?
What would a "live" presentation look like for you ? You want all investors to travel to CA and crowd into the IMGG headquarters ?
Friday the 13th is the day-UH OH
The show will be taped on Thursday. An email will be sent to those on the mailing list on Thursday announcing the fact ( as has been done in the past)
If you are not on the mailing list, go to the IMGG site and sign up.
KKG -"After video demo if pps settles around 15 cents (worst case scenario)"
IMO, .15 is the BEST case scenario.
We'll see
IMGG is a day trader's dream.
Long term holders - verdict not in yet, but a much riskier bet.
I have to admit --- this is a real learning experience for me. I knew penny stocks were a
"speculative" endeavor, but until you have some "skin" on the line , it is purely theoretical.
No matter where this goes, I encourage all you that are new to the investment game ( and
don't think for a minute it is NOT a game ) that you learn from this experience and take it with
you to the next penny stock you are interested in.
sano- surprising as it may be --- I agree with you. Dean has a charisma that sometimes overshadows the lack of good judgment he exhibits.
He should be the "Chief Flesh Squeezer and BS Man" ( CFSABSM ) and let someone else with less ego run the show from a grounded position in financial operations.
So, what does everyone think about Dean's performance in running this company?
I will start it off....... I think he is doing a GRRRRRRRRREAT job !!!
Let the fun begin !!!
Chart
Without a fundamental change ( the demo video? ) technically
the PPS is headed for oblivion
And that .14 - .15 area is HUGE resistance
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p98698491773&a=228499894
J- I personally don't like the Money TV approach. I have let Dean know my thoughts on this, but , Dean has his reasons for that approach and I don't know what they are.
I agree, much more professional on the web site, but I guess he wants to reach a wider audience, as you say.
J-I don't know re 10X better, but it will be multiple times better.
Don't forget, we will see it before the general TV audience does.
I imagine we will get a notice ( on a Thursday?????) from IMGG
that it is available, as we have in the past
Jacquie-I know that the demo is going to happen, and that it will not interfere with FDA
proceedings.
It will be scientific in nature and not "marketing"
As dr polk would say, "I know what I know"
I'm sure Dean cleared the way for the demo with the "new" legal team
( whoever they are). He isn't stupid -- regardless of OPINIONS here on this board.
As an aside, it's obvious to me why the name of the new lawyers is not being disclosed,
as the offices of MWE were flooded with nuisance calls - I wonder from whom?
That probably was a big reason why MWE bailed...... didn't want to deal with the "crazies"
( Oh, almost forgot - that's my opinion)
Don't expect anything from IMGG to be disclosed, other than what is absolutely legally
necessary. It didn't have to be that way, but it is the way it is now.
Not a Pumper-maybe you should think about changing your user name
You ARE mis-interpreting IMGG in this post based on NO evidence, but just a "feeling" that
IMGG will come out of this a winner.
Gotta' do better than that to be believable.
Look at this chart and tell me IMGG can recover from the damage that has been done
Down 8.78 % today and looking for lower prices to come.
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p98698491773&a=228499894
vibe- I certainly HOPE that IMGG turns around after the demo......but, and this is a BIG but,
no one knows what the demo will be like. You certainly would have to admit that the walk
through "demo" was a big flub.
Who can guarantee what this one will be like - I mean, the venue is Money TV after all !!!
I would much rather wait and buy AFTER the price goes up..... it's not going to jump .20
overnight after the recent history with Dean.
Jacquie-have to agree with you re news ( fundamentals) will trump the TA .
Unfortunately, for IMGG the "news" lately has been terrible and the PPS has responded
drastically and fast.
And I have been charting for 11 years - some book and DVD learning, but mostly by doing it. And it made me lots of $$$$$ in IMGG..... there's an art and a science to it..... Only experience gives you both .
Chart..................................
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p98698491773&a=228499894
Amid all the conjecture and speculation and hope that the MTV demo will miraculously raise Lazarus from the dead is this FACT:
The chart is falling apart on high volume days.
So everybody is holding on while it goes down, down , down.
How far will it go down?
But, more importantly, how much will it "revive" ( IF IT DOES ) and how are you going to profit
with a scenario that may not ever get back to where it is today -- .082 as I type.
This is what's REAL here folks, and the only thing you can count in in the penny stock world.
KKG - could you please explain what this means
"Legal team on the board validates the authenticity of the video. "
What legal team? What board? What does authenticity mean in this particular instance?
Seems like an important statement you made, but I'm not sure what it means.
With 1 mil volume , and decidedly negative "vibes" emanating from the CEO,
I doubt this will close above the support of .096 today.
I must say, with the recent revelations here, my "faith" in all things IMGG has been shaken.
I no longer hold shares, but was considering re -entry at some point. That scenario looks less and less probable at this point.
Would like to thank the posters who did their DD and posted VERIFIABLE information here on this board. As for the OPINIONS posted here -- everyone has one !!
Chart:
http://stockcharts.com/h-sc/ui?s=IMGG&p=D&yr=0&mn=4&dy=0&id=p18334532263&a=228499894
Chart-testing the breakout?.....................
Could breakdown through . Momo indicators in negative bias
http://stockcharts.com/h-sc/ui?s=ARIA&p=D&yr=0&mn=4&dy=0&id=p63409069989&a=230310732