Replies to post #11223 on Secure Point Technologies Inc (fka IMSCQ)

[buffalop51]

So when the SP closes up above the ask by a penny or two on a 100 share trade, is that considered 'manipulation', or just sound investing based on the merits of the company.

[satelliteguy]

There are always pricing inefficiencies in the OTC market but I would say that in general, a stock's price will gravitate toward its true current "value" based on supply and demand. For whatever reason (probably DMRJ supply in the low 1.00s and investor fatigue and disappointment due to lower than expected revenues), lately there has been sufficient supply and low enough demand to keep the price under 1.00. So I'm not sure that a higher price is "merited" right now. I agree that over the medium to long term, a higher stock price is likely, but we will need to see sales eventually.