Imgg is perceived as a pump and dump. It may not actually be the case but the perception is there. MM knows the warning signs. Infighting on the boards...cheerleader doing anything to stem the tide..its all running right out of the play-book. Now IMGG needs the event to turn the tide lest we wane here never to see .40's again.
Exactly - this is an FDA play. People are getting tired of waiting around and wanted to get their quick cash and move on. It has not happened yet so the mob believes that it will not happen. The people I have told about the stock and bought in are nagging me about the stock. One person I know sold his shares because "nothing has happened".
If you are tired of waiting and you do not think the approval will happen then SELL SELL SELL. You will feel better.
I worked at a star up company that was a the verge of a buy out by a major software company. One of the developers that had been around for years and would have made millions quit three weeks before the buyout. On the day of the buyout he heard the news and called in to say "hey guys". Sorry but we can not hear you over the noise of the corks popping.
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