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Re: IMGGorBust post# 25306

Wednesday, 09/01/2010 4:36:33 PM

Wednesday, September 01, 2010 4:36:33 PM

Post# of 59576
Let's say for the sake of discussion I think the company received some positive news from the FDA last week. Call it an update, current status, etc. The IMGG team gets amped by this and like most companies, word of this news spreads.

Investors close to the company pick up on this and commence buying the stock Monday. Day traders (and many on this board) react and start buying. Day traders looking at their buy/sell keys do their thing which creates the stock volatility we saw yesterday and see today.

The company news is still good. But the stock price is all over the place.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y