Imagination TV Inc. (IMTV)

[Mutz]

FWIW, my take on yesterday's action was voracious profit taking induced panic selling which IMO, would explain the sharp drop in price (as others have stated to which I agree). Think about it, what changed yesterday around 2:00? Nothing changed with the fundamentals and no stock will continue to climb forever without pullbacks. The fundies remain the same and according to TA, the stock is still like a 96% buy. Lets see what happens today but I wouldn't be surprised if it came down some more especially if people start believing the sky is falling which I do not. I for one will be waiting this thing out much longer.