Imagination TV Inc. (IMTV)

[dmlabuda]

Be careful of what you believe. If you want to know the absolute truth about the effect of NEWS on any stock, just take a two year price chart and plot all the news release dates on that chart. Then stand back and take a good long look at the lasting effect of the news on the price. In the case of ICPA for instance in July of 2010 ICPA was selling for $2.50/share. Looking at the weekly chart (link below) the price has fallen steadily since then and is now selling at around $0.03/share. So, are you telling me that ALL the news of the last two years concerning ICPA was BAD News?????
http://stockcharts.com/h-sc/ui?s=ICPA&p=W&b=5&g=0&id=p20744053362&a=265049267&listNum=1

The NEWS has absolutely nothing to do with the price of the stock! The price is determined solely by investors and traders who are aggressively buying or aggressively selling that stock! That's the only reason why the price will go up or go down.