Replies to post #4252 on Secure Point Technologies Inc (fka IMSCQ)

[phinswin]

This sucks today but long term it is all pretty much irrelative. Lets just see what it does now. if it stays down or goes down further Ill buy anothr 20% or so on what should be a cheap price. Seriosly the only downside I personally see is the risk of dilution but AT WORST it is a short term risk.If they do dilute I am more inlcined to think it will be a small amount and the right thing to do and will benefit all of us. If their revenue numbers and PROjected rev numbers are as good as we think, hear, and hope they should be then 1's pps may very well be a thing of the past and one step closer to nasdaq ( where the big fish swim).
Good luck all. I am taking my fat ass to the gym. :)

[ki2002rom]

IMHO the major reason for today's decline was 'someone' unloaded a large amount through the last half of the day. Whether they've finished or not remains to be seen.

[satelliteguy]

I don't have time to get into any further debates with you, or the European guy and his followers, as to who is selling. Also, I'm not privy to the market makers' trading logs so I can't say for 100% certain. However, there are a limited number of parties that own[ed] hundreds of thousands of shares that they could sell on the bid (meaning that most of it wasn't shorting), so it is not difficult to come up with an informed speculation.

But you are right: for sure, the waves of selling today were not driven by retail investors.