InvestorsHub Logo
icon url

chevyman

09/01/11 11:12 AM

#46872 RE: Lambster #46869

Hey, the guy wanted a post that would stay LOL. On a serious note tho...IMGG stock price action was, and is, no different than any other penny! It's not just BA or Dean, they all do this, it's how they work! Had the DVIS been approved, the price would have bounced off a fib and stayed up depending on sales, buyout etc. Bottom line.. the retail guy doesn't move these, we just go along for the ride, you just have to be there before the train leaves, if not, one could be holding for awhile..not all that easy! HTH's
icon url

stockmasterflash

09/01/11 11:15 AM

#46873 RE: Lambster #46869

Lambster

the problem with the "lightning strikes twice" theory is that there are a lot of "leftover" shareholders from the last run. Couple that with new shareholders at 5 cents who know IMGG's history.

That puts a lid on the rise and moves everything up a bit.

Think about how MoneyTV used to work. There would be a big runup in price in the days leading up to MTV, then it would selloff after.

Then as people figured out the game, there would be a smaller runup that would selloff just BEFORE MTV aired.

Now MoneyTV is met with a yawn.

One only needs to look at the last time IMGG submitted, the stock sold off hard from that point. This time, if there is any hype of a submission, you'll see a muted rise and an earlier selloff, particularly if Dean makes a deal with a TOXIC financeer.

A Toxic financeer will get immediately saleable shares at a significant discount. their draws will be timed around PR;s and they will sell hard into them to preserve the spread between the discount price and the market sale. Each draw gets a new price.

The fly in that ointment is that the Mensa guy priced the warrants of the Cranshire deal at the lowest of any subsequent financing. Then the Mensa guy allowed a default provision whereby the warrants could be exercised on a cashless basis if the shares weren't registered by a date certain. You know how IMGG is with date certains...LOL

The last financing package...the million dollars long since spent....will cost you shareholders dearly. Luckily the CEO is a Mensa member. he'll figure a way out of it.