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Wednesday, November 18, 2009 2:37:01 PM
This downward spiral is not going to stop anytime soon without some news. The question is what's a fair price to buy more shares? The 1.22 resistance level the TA guys are talking about?
And, off-topic...is it me, or is Biomed reports the biggest pumper site you've ever seen? I need to get a job with them and buy all their picks before they release them to the masses. They're pumping PWRM to be the next VRMLQ. That's insane!!! PWRM at .18 has a market cap just under half of VRMLQs at 22!!! So if PWRM beomes the next VRMLQ it will hit about 40 cents a share maximum. A good profit, but a big if. To think it's going to 22 would give it over 8 billion market cap. LMFAO!
I have been avoiding microcaps for about 15 years until a friend got me back in them with IMGG. And now I know why I've stayed away. Way too much manipulation. IMGG is a bit of a rare case, since they have an actual ground-breaking product. Most of these other plays are purely speculative, and burn the poor kid who just got into investing who believes this BS and buys on they hype only to see it crash. End rant.
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