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Re: madtig6 post# 9727

Thursday, 01/28/2010 4:33:04 PM

Thursday, January 28, 2010 4:33:04 PM

Post# of 59550
Here is what I think took place today. again IMO! IMGG was so oversold (due for a correction) that when it crossed the 30 RSI yesterday in the positive direction it sent out some alerts. How many alerts went out this morning from penny stock subscription services which brought in new buyers? Look at the Yahoo board and you will see that a few services sent one out. This increase in new buyers and volume and oversold conditions caused this "artificial" inflation which will pull back after the new buyers start taking profits. NO NEWS!!!! THINK ABOUT IT!

Good Luck