Replies to post #27500 on Secure Point Technologies Inc (fka IMSCQ)

[shiloh12]

Traders have made out pretty damn well in the long run here as well, not as well as DM, and infinitely better than longs.

Trading was exciting today, a ray of hope.. then back to the .70s what a shock. So easy to be a cynic here when you catch the same show day after day. Time to get moist will be when they elect to address the debt, then it's on..maybe.

[tedpeele]

A 'LOT' is relative. I just mean in terms of ability to move the stock price just a relatively small amount.

Last year when Ferguson was the big news, one day in August the volume of a penny stock, LLLI, was almost 30 million shares with an avg price of around 10 cents. SO, $3 million went into that stock that day. Just 5 trading days prior, the volume was zero. ZERO. So, clearly almost every trade that day was a short term trader who likes pink sheets. IMSC at 70 cents would trade over 4 million shares with an equivalent interest.

Implant Sciences, and what they are doing, is KNOWN to IMO at least 50% of those traders who bought LLLI. Too much 'exciting' news and too many days of 'radar-worthy' action has brought it to their attention. It's likely on many of their 'watchlists' and they've had plenty of time to get ready to buy in just before the 'big news' period of the year for them.

I don't know what you mean by 'people who count'. I'm simply talking about enough buying vs selling to push the price up 10-20%. That doesn't take a lot of people. It's just demand vs supply. And really what retail investor in their right mind is selling IMSC right now? At the least I think all would agree that it's fewer than would have sold a month ago at the exact same price.

[iGrassHopper]

Noble knows all about ISC

The problem is they probably know about as much as we do, which is mostly just reading between the lines and trying to fill in the blanks. If you listen closley you might hear the train approaching the light at the end of the tunnel.