IDLM was recently trading as low as 2c. Now the market is asking buyers to pay 10c. That's a large percentage difference! And the ask is way higher than the bid and/or yesterday's close. Why pay so much more, when people were selling a fair number of shares just yesterday at 6c?
And yet we all know that IDLM, if it is done with SEC issues and done with its code of silence, is worth much, much more than 10c per share.
And we can see that people aren't accomplishing a whole lot of accumulation by sitting on the bid at 7c.
So, we have an impasse. Eventually someone will sell (believing that Frasier can't have been telling the truth about transparency). Or someone will buy (becoming impatient at the lack of sellers at 7c).
I agree with you that patience is needed.
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