Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

IGRASS--when a stock can no longer go up, it floats and then...

When the IDIQ arrived I watched level 2 as a strong-large seller dumped 100 share lots all day long. The stock was ranged off from 1.38 - 1.50-ish. There were no real passionate buyers.

Then a long here and there sells some shares. Add in the shorts, weather they are strategic shorters or play alongs or disenchanted, it proved too much and took us to where we are today.

As it happened I could almost here the gnashing of teeth over the dump that seemed cued up and ready to drop on the good news.

And until the DEBT has been refi'd, the stock is NOT going to break out. Where have I heard that before...hummm.