One thing is apparent after sifting through all the messages from today's session. There are about 3 investors here that are capable of buy and hold, the rest do not understand their limitations in this regard.
Every price movement prior to real revenue is based on the whims of traders. Today, yesterday, whole penny up days, none of them have any meaning in an honest evaluation of INMG as a company. Share price movement is noise, and is only representative of the carpicious nature of investor sentiment. INMG didn't drop today because it's a bad company. And it doesn't go up a lot on some days because it's a great company. That's all trading. INMG is not yet fully a company, it is a work in progress.
Here is why that is important. In the efficient market theory, it is said that stock market efficiency causes existing share prices to always incorporate and reflect all relevant information. Simply stated, .02 is all it's worth today, to traders. We need more information. And I don't mean we need a fluff PR from Tom. That's a waste of time and effort, which is likely why Tom doesn't do it. The information we need is signed advertiser contracts, subscription totals, new content generating efforts. And revenue. Always revenue.
I've said this before, but it bears repeating...if you're in for $1.00, today's price movement under 3 cents is meaningless and shouldn't move your needle in the slightest.
If today freaked you out, your position size is far too big. You have taken on more risk than you can handle. Sell some, get yourself sized right, then hold until Tom blows the doors off the pot world.
