Why does a stock have to have news to go up? If you think this increase was due to just new buyers your kidding yourself. Even you bought some today. I have a feeling you will buy some tomorrow too. How's this for news...There is one less day ahead of us to FDA approval and a flaming rise in share price. I think that there are so many more positive things going for IMGG in dealing with a new Chief at the FDA that you'd be crazy not to hang on to your shares for a while.
I disagree on the no news to a certain point. The alerts were triggered. I received one. Secondly Dean is appearing on Money TV. People are speculating that there will be something positive come from this. I think the Money TV broadcast leaked out. Also the MM taking part in this. I know he has people searching every day for any shred of news regardless where it comes from.
Just a reminder to those that had a diffcult time with losses at .32 We had a great day today. It could go higher. You may think about the exit of your position. Dont let greed ruin your trade.Dont fall in love with any stock.Set your exit and entry points and stick to them. We may see .32 again! Im still holding my shares. In for the long haul hit or miss.Pure Spec play for me.I did not bet the family farm. I invested what I could afford to loose if it did not pan out.
this may be a dumb question but it's coming from inexperience, what does "oversold" mean, how and what do you look for to find this out, and how does it become oversold.
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