ImageXpress Corp (IMJX)

[amadeus]

a lot of old timers here think that. and to some degree it becomes a self fulfilling prophesy when they all dump their shares at 0004 and 0005. (so I wasn't surprised at the end of day friday pullback. some of the 0001 or 0002 guys cashed in their chips.)

and that has been there experience here before apparently. but there is certainly a chance things might be different this time.

what I see that might be different is that this wasn't a one or two day pump by some .000 hit and run promo group. This was a steady accumulation over a period of 8 days, which is more indicative of deeper pockets than the usual 000 take the money and run flipper guys.

plus, this market is different now, that in the last few weeks or months. a lot of investors have made gigantic profits in some trades like GOIG, SKGO, LCRE, etc and there is just more capital around, for people interested in bigger plays than a 0001 to 0004 flip.

so based on their past experience they have been right every time that it stops at 0005 and 0006 because they all sell. and they could be right again. but i'm taking my bet they might be wrong this time. there are too many pending events coming here I'm interested in. there is much more cash in this micro market than ever before. and there are too many other similar plays that have run 0002 to 002, or 01, or even 05-06 with similar floats, and less compelling turnaround stories