InvestorsHub Logo
Followers 29
Posts 2417
Boards Moderated 0
Alias Born 03/09/2017

Re: Elkay11 post# 53016

Wednesday, 08/23/2017 12:25:38 PM

Wednesday, August 23, 2017 12:25:38 PM

Post# of 127559
No, INMG is overbought right now. If it hits 3 cents, it will be way overbought. hate to say it, but it is time to lay off, let the stock shill out a few days, then buy on a pullback.

There will be a pullback, so don't chase right now. Many people are in the profit and they are all going to look to take profits.

99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.