Infinite Group Inc. (IMCI)

[jrf30]

Let's see how fast it now drops. People will see it at a "high" price and sell. That's my bet. it closed at $0.73 or so. Reverse 1 for 75 puts it at $54.75 per share. Tomorrow lots of people will think they hit it big - until they see the share count in their account.

Bets on it going down to $40 or lower?? (that's only $0.53 per share, so not that low ... yet)

Might even buy it after a dip, but been waiting for this reverse to even consider it. I just know most reverses drop the share count on existing shareholders, and then new shares are issued, and the old shareholders are diluted out of the game. And the price suffers. Low market cap on this one intrigues me, but I want to watch a bit first.