InvestorsHub Logo
Followers 16
Posts 2132
Boards Moderated 0
Alias Born 10/05/2009

Re: None

Monday, 05/17/2010 11:44:52 PM

Monday, May 17, 2010 11:44:52 PM

Post# of 59551
Wild guess,

When the price hit the .80's upon submission the good traders were selling(not me) due to the fact that we had alot of time to kill before news. Once we hit the .50's the timid longs started selling(not me) due to the fact that one can only take so much in losses so many times. Now we are at a point where the good traders have sold, some investors have sold and we sit here in the mid forties waiting for news. At this point I wish I had sold in the .70's and could load the boat now. I think this is where a lot of buying is going to start happening which is usually when I would be selling. Not this time. I have believed this would happen but to what severity I had/have no idea. Will it get worse, maybe, but I believe it will turn around so fast it will make the last month look like a blip on the radar screen. I think the patent that IMGG holds is worth more than .40 a share and I truly believe that our day is coming soon.

SHAKA