Buffalo- finra is reliable, but not exact.They revise their dailies often for otc stocks. I certainly believe there is daily shorting-covering in this stock. The penny players have to eat too. And there is no doubt that dmrj is selling into the float. That's how they make their profit on their loans. It is the way that it is and no investor should have a problem with that.
At some point, long term investors are prevented from selling at levels they think they should be able to sell at because the loan company gets paid first via their selling. This is part of this stock.
I do sense the ceo wants to end this pattern according to the terms he bound the company to. I have no issues with that, as that is capitalism, again, the agreement we shareholders agreed to when buying the stock.
The issue at hand, how does the ceo resolve this situation and allow the company to move forward? While we all spin our wheels contemplating this, I believe right now is a key pivot point for IMSC as a decent refi deal allows the stock to rise according to the companies merits and repays dmrj all that they are entitled to. This allows longs the their opportunity to profit.
Looking at the ceo's background, he is the right man for this job and I believe he knows what has to happen and will do that. Dmrj will leave much much richer, Bam will maybe stay and play another round at a lower rate and IMSC will live upto its full potential and long term loyal shareholders will receive a profit on their investment. This will be a great story of how the US capital system worked to keep great ideas alive in the face of fierce competition and against the most dangerous of times. You will get richer. I will get richer. All will end well. The big question to answer is; how much richer? Since we are not lenders all we can do is spit tobacco juice and talk about things as they happen.
Best of The Best Luck to ALL IMSC LONGS!
