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.
TMPS is not a stock you ever want to sit back and relax on. That is a great way for your bank account to die a silent death. Always be on the alert.
OTC stocks usually depreciate in the long run and TMPS has shown nothing that makes it stand out from the rest.
Yes, it will go sideways/down until there is news. Since news will probably not happen this year, the bottom isn't in yet.
This is just a dead cat bounce. 8 times the low was below .30 and the close was above .30, and yet we are still in the same place.
The chart is exactly the refutation to the MJAC. Remember, it was anticipation leading up to MJAC which is why INMG skyrocketed. Typical storybook sequence of events. When the stock became overbought, it had to pull back. The only way that an overbought INMG could keep going higher is if something very big were to happen at the dog and pony conference.
That's not the case here and is hardly ever the case. Every marijuana conference has been advertised as being a potential blockbuster for the company. However, there are so many companies presenting at each conference. Moreover, the purpose of the conference is to advertise medical marijuana, not a specific company, per se.
That's why even if the conference is well-done, if it doesn't live up to the standards of those who bought just because of the conference, the price will tank. Today, however, it pulled back the day before the conference, presumably because everyone speculated that the conference would be a bust.
INMG tanked as I thought it would, specifically because of the impending MJAC. Conferences always cause stocks to go down due to a loss of hype, and this one was no different. Only way MJAC causes a spike tomorrow is if big investors are unreasonably impressed by INMG tomorrow, which has a slim chance of happening.
As I said, a conference can hardly ever affect an OTC stock more than an 8-K can unless the OTC stock is not a pump and dump. INMG is now proven a pump and dump once again.
Reverse Split on the way.
How strong is the .0032 support set by Clay Trader?
The 10k bid at .026 is not a reason to buy at .026. Let it come down even lower. My guess is that this bid is meant to keep the price above the 20 SMA. Don't blink, don't chase.
It is probably safe to short this thing right here if your broker allows it.
Actually it is:
New investors, especially, should stay away from INMG. True this stock could bounce, but probability and prediction are also important and there is a very golden chance that INMG could tank some more.
There may be a slight bounce off the 20 SMA at .0240, but it would only be a dead cat bounce. This is a very bearish stock long term as the long term chart clearly shows.
INMG is NOT a stock to trade without any chart knowledge because the fundamentals regarding the company and the stock history are not good.
INMG is going down according to L2. I wouldn't worry about the NITE or CDEL bids. Watch the ETRF bid at .0167. That is the one just above the gap at .0160. That is the safe one that you know will not be busted. Buy at .0167 or after that fills.
Don't buy at the .32 ASK. The price is correcting very slowly and will decline shortly.
I would say, short this at the bid, which is at .29 right now.
American Bulls has just delivered INMG the SELL signal by virtue of the following:
That is only because the bleed from 5/24/2016 to 4/11/2017 was a very slow bleed before this spike suddenly started. These spikes never last long. They are sudden, last only a few days, maybe weeks, then back to declining again. INMG has never had a steady increase that lasted for a full year. It is already on the way back down.
The fact that the CEO owns 92 million of the O/S is exactly the reason why I'm going to be looking for dilution through the following steps:
1. New CEO gets hired to get investors excited (just happened)
2. CEO dumps shares little by little till the stock price tanks.
3. Float maxes out the O/S
4. O/S maxes out the A/S
5. Very heavy dilution
6. Reverse Split to lower share count
7. CEO gets fired
Wash, Rinse, Repeat
A float of 142 million is pretty high for a company that is trading at .03. Not to mention that there were reverse splits combining for a 500 million multiplier. That means that the real float should be about 70 quadrillion.
I hear that the reverse splits had the sole purpose of bringing the share count under control. That proves that this is a stock whose dilution gets out of control on a regular basis and that this current 142 million float is going to explode fast.
I say again, it's okay to flip this carefully, but absolutely do not invest long.
Was Patriot also the prime contractor for the alleged $45 million contract? That information was never disclosed in the prnewswire article or in the TMPS filings.
Long term investment is absolutely not a good idea on this stock. There is not a single 12 month period that I could find in the chart in which the the right endpoint has a greater PPS than the left. This stock just keeps going down and down. Sure there are times when it goes up, but such periods do not last very long.
This is a great stock to flip, but a bad stock to invest long in. Most longs will lose 99% of their money if they hold 12 months.
.0004 will fill. This stock is garbage. Just keeps going down and down.
Except that Tempus is making it as difficult as possible to "follow the money". Why won't they tell us where the revenues are coming from? What do they have to hide? Are the revenues phony anonymous donations made by Eliasch himself?
INMG may have corrected for 2 days, but it did not correct enough. Let it drop under 2 cents and then it will be safe to eat up some shares. This would be my recommendation if not for the MJAC conference.
The fact that the conference is coming up means that everyone will be selling. When a stock goes up big on anticipation of a conference, it usually pulls back day of the conference even if the conference is not a disaster.
If the conference is to be a factor in the PPS, then the spike should happen on the day of the conference, not the 2 weeks before. Even so, the spike would happen only if INMG were to make a major announcement at the conference that would have to be even bigger than an 8-K or the 10-Q, which almost never happens.
On top of that, the institutional investors who would have to join on the day of the conference to drive this up are the same investors who would have read the 8-k's and 10-Qs, which have been meaningless so far.
Finally, is INMG even speaking at the conference?
Correct, it is not OWCP's job to look after shareholders. I'm not questioning that. All I'm saying is that if they don't care about shareholders, the shareholders have a right to know that, which is why I have been emphasizing repeatedly that OWCP does not care.
They will do whetever necessary to fatten their wallets. Although OWCP is not required to care, shareholders should know before investing that OWCP is willing to grow their business at the expense of shareholders. THE EVIDENCE IS IN THE FILINGS!
Yes, so many people are in the profit right now, and most of those people will be taking profits. Corrected bigtime and has more correcting to do. As I said so many times, INMG went up too fast. Needs to come down a lot before going back up. There is a gap at .016 and that gap WILL fill at some point.
If you are looking to flip, it might not be a problem, but if you are looking to hold long, wait till the gap fills.
Everyone selling right now is earning huge profit, since most bought real low. Trash ticker INMG never ended up going on past .04 since its not even a real company.
As I said so many times, when a stock goes up too fast, it has to pull back. INMG is nothing but a trash scam of a pump and dump.
Don't buy these .036's under any circumstances. Stock is on the decline.
Yes!! The .28 support has been busted. Put your stop loss in at .27. This thing is about to tank real nice. Let's do this.
Yeah I just put in a 4000 share order at .2584. If it fills, great. If not, I'm not chasing the .27's
No, reason for low volume is that there are a lot of bagholders who are just reluctant to give up their shares.
Stock is trash, which is why nobody is buying at the ask.
We also know how these conferences turn out. Every OWCP conference is a dog and pony conference that results in the PPS going down. That's the truth.
Hype leading up to the conference leads to temporary spike because everybody expects something colossal to happen at the conference. Then when the conference turns out to be nothing special, everybody sells and the price goes down.
I've known this for a while:
I don't know. The stock just keeps going down and down. It doesn't really look like there will be any break out any time soon. I'd say that there's nothing to lose by staying on the sidelines another few months. News could be good or bad, usually boring. I would never buy this on speculation that the next news will be good news.
Only buy this on dips. If you miss the dip, don't chase.
And there's a reason for the bid whack. the ask is too high. Nobody wants to spend more than .30. This is an overpriced stock.
Just because INMG is a pump and dump does not mean that it is impossible to make money off it, just wait for the next major pullback, most likely to the gap at .016.
I'm not saying never buy P&D's, just don't hold them too long, especially when the stock has a history of depreciation and reverse splits.
Severely overbought: RSI=97. Wait for massive pullback. Obvious pump and dump
INMG needs to lose half its value in order for me to get in. If it doesn't and I lose my opportunity, it is only one opportunity and i will not be disappointed.
There will be many opportunities, possibly in 1 day, so no need to chase this scam.
.0475 was necessary to stay bullish. since that didn't happen, and instead the pullback started, I say wait on the sidelines.
Low volume definitely slows the game down, but I'm not going to rush and chase. I'm patient enough to wait.
Obviously, nobody wants to buy this stock.
You mean the contracts that Tempus does not expect to happen?
Read p. 21 of the 10-Q. There are so many things wrong with this company right now.
This isn't a dip. It's a slow bleed. Let it bleed out some more before buying in the low .20s, cause the resistance at .32 is super strong.
Don't buy this right now. Wait for the low .20s. Absolutely don't buy on the ask or you will lose money.
Remember, this is no longer a dip. It is a slow bleed.
I agree. I'm going to buy a bunch at .0021