Replies to post #47578 on Secure Point Technologies Inc (fka IMSCQ)

[artang]

I just meant I was surprised anyone is buying it at 0.07, it looks like from the latest court reports at best it is worth 0.06 and maybe less than that. I never said that selling was occurring and making the price go up!!

[pumper_stumper]

There are plenty of assumptions there ken, that invalidate your conclusion.

"When I took economics in high school we were taught that someone buying a half million shares would drive the price up and if someone sold a half million shares the price would drop."

Are there people selling those shares ken? Have they sold millions? Why hasn't the price budged over 7 cents (except for a few thousand) in the past 2 weeks in spite at all the "buying" you seem to see.

My household is very versed in the education world, yet none of us have yet to see a High School "economics" course, discussing how "buying a half million shares" will "drive the price up". Can you point to me anywhere on the internet where you see high school "economics" course materials that discuss this?

Lastly, are there ANY amount of shares, 5, 10, 20 million, of transactions that after which the price still hasn't risen significantly over 7 cents, would invalidate your "economics" course lesson?

In light of the many million shares bought and sold at or under 7 cents already, haven't we already invalidated your "high school economics lesson" since the price has not risen?

[pumper_stumper]

" Since most of the large transactions in the last few days have been at a higher price than the previous trade"

I don't even think that this is true! Can we pick any recent day, and walk through the day, trade by trade, and can you show me how "most of the large transactions have been at a higher price that the previous trade"? I just don't see it!

If for over a week the stock has hardly ever traded over 7 cents, yet millions of shares changed hands, if "most" of the trades were "at a higher price than the previous trade", we'd be trading at over 8 cents by now!

Your theory attempts to say that there is so much buying that its driving the price higher, yet for all practical purposes, millions of shares have been bought without the price rising over 7 cents.