Imprimis Pharmaceuticals Inc (IMMY)

[ronk]

It could've deflated some people it didn't pop like it could. But people know the Diaprim story and don't have a clear idea what the potential is with the greater picture. I think if it gapped up at a reasonable price it could've run a little but there were no shares for sale pre-market unless you were willing to pay in the 9's and the bids were all in the 7s. Then there were the large blocks in the AM on the ask that no one wanted to bite cause everyone's looking for cheap. Well.. It is cheap right now.

I think smart money has observed that this takes a dive at some point each day and they scoop up the lows from nervous traders. That's why volume always picks up in the dip and recovers pretty well. I'm actually hoping we stay in this range for a while and I can wait for some of my shorter term plays to pop so I can fatten my stash over here.

I'd like to hit 5000+ shares here without putting all my eggs in one basket. I think the financials in November might look weak from the expansion they just underwent. They just purchased 3 pharmacies in September for $499,000.

http://www.sec.gov/Archives/edgar/data/1360214/000149315215004558/form8-k.htm

But I think you'll see good earnings from that expansion in Q1 2016 after they complete the 503B facility. 2 nice catalysts to look forward to. If numbers are good at that time? A split would be nice, entirely possible with the small float. That's another catalyst. 2nd quarter earnings will reflect the 503B operations. Another catalyst. And remember that this will draw attention all year during 2016 elections with 3Q earnings coming out right at election time. Catalyst. At which point I only have to pay Uncle Sam 15% on whatever I sell. Patience is the reward and most folks are trying to sprint a marathon in the markets. I plan on going Buffet on IMMY. I used to only flip and trade and still do a little cause it's fun but the majority of my funds are in undervalued companies with huge upside. I'll wait for that "trade of a lifetime" that I hear people talk about but never seem to get it. Ya, know?