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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: proud dad who wrote (254)3/20/1997 5:52:00 PM
From: per strandberg   of 1480
 
Phil,

Total volume = 2400 at $0.75=$1800 total today.
3 small trades the last quarter

There just isn't enough trading in this stock to give a supply/demand balance. Until some volume is generated, the price movments will be very large. While waiting, about the only thing one can do is to pick up some shares when the price dips. Selling is a disaster due to the abnormal spread.

News is the only thing that will generate any volume, so I guess it's just to cross one's fingers and patiently wait...

ps
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