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Re: fink post# 25318

Wednesday, 09/01/2010 7:28:49 PM

Wednesday, September 01, 2010 7:28:49 PM

Post# of 59576
Many of the large investment firms simply aren't allowed to take big risks on penny stocks, such as IMGG. Some aren't even allowed to trade on stocks less than a certain PPS - $5 for example - or a certain marketcap.

That all changes with FDA approval. Big boys can all jump in as risk is mitigated and stock prices reaches acceptable buying threshold.

I'd expect 50M+ shares on d-day (if approved).

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y