Imagination TV Inc. (IMTV)

[deadboy]

I already had some 0.0011s from earlier in the day but didn't get enough. I didn't want to chase so I put another GTD order in at 0.0012 and a big one at 0.0010 just in case. I decided to be disciplined and not chase, if it didn't dip I'd just stay with my initial 0.0011 purchase.

Both my 0.0012 *and* 0.0010 buys were filled on that dip, and both filled at 0.0010! That tells me it was a fat finger trade at 0.0010 from someone who must have been cursing themselves after they did it! It was a major win for me as my average is now about 0.00102 and I have a pretty big position (for penny land). That seller's mistake was my win bigtime! Being disciplined and not chasing almost always works in your favor! Rarely chasing is a good idea.

This stock has legs though. If I were a betting man, I'd say we have some sort of ridiculous early day run, possibly as high as 0.006s. It could turn into a parabolic move. After that it would have to pull back some. It could close in the mid-high 0.003s on the pullback, and it would still all be healthy. We could see pennyland Friday, but more likely early to mid next week. We probably need a PR to get us to penny land, but all indications are a PR is forthcoming in the coming days.