Secure Point Technologies Inc (fka IMSCQ)

[Imperial Whazoo]

The theories about shares converted & dumped are never true in cases where there is insufficient volume to jive with the theory.

And there is way too little volume for share conversion & dumpage to be operating here.

We saw 783K vol back when it touched as low as it has today... which was 2/20. If somebody wanted it to go lower, then its not doing it. In fact, if today's low holds, we actually have trhree higher lows... 12/28/12, 2/20/13, & today.... each being a higher low.

Repeated instances of higher lows speaks of failed attempts to take it lower.

Also, back to the need for volume if there is dumpage going on, in the 8 days since 2/20, not counting today, avg daily vol has been 185K, m/l.

185 K.

Big deal.

Obviously, its a yarn to spin this as conversion & dumpage.

185K per day is not dumpage.

Personally, if anyone subscribed to the theory that lows get retested, then it follows that today's retest of the last time it was back at this level (the 783K day of 2/20), then its healthy for it to revisit this low at a low volume. Revisits at low volume andfailure to penetrate... thats says its not got the power to the downside it needs to continue to fail on every bit of good sales news.

A revisit at low volume says that there is not enough down side force to make the thing fail any further. For the moment, I'm going with that theory.

If it tests today on low volume & fails to penetrate this price zone, I say its done retesting and that its either going to cycle sideways for a while, or retrace to the topside again.

We'll just have to see, I suppose. And as regards share conversion & dumpage, unless there is a volume event, that sure ain't the reason, LOL.

Imperial Whazoo