The "all or nothing" mentality can really hurt this stock.
All along IMSC said it was pursuing "strategic options". Yes, that includes the pursuit of a potential buy-out and/or partnership. However, it could also include restructuring of debt with their current lender, a new lender, another temporary extension with their current lender, and other options we've all never considered.
If we look at this in a single minded way, buy-out or bust, we leave ourselves open to being disappointed and frustrated if the news is anything but the two things we've been lamenting intensely on for the past couple months. And that opens the door for trading based on emotions vs. facts.
I encourage all investors to consider that there may be other ways for IMSC to continue as a viable entity along their strategic path. In my view, any news that keeps IMSC operating and moving forward with their plan is very good news.
So, we can still chat about a potential buy-out or partnership. But, keep your mind open and start preparing yourself if that does not happen. Remember how far IMSC has come and where they're likely to go if they remain a viable entity.
