Tony: I guess we are all "being paranoid" because the share price is down due to MM manipulations and "early gamblers or holders" selling. Let's stay cool and analyze this thing objectively. So far, we have:
1. Mother Mugger fleecing buyers and sellers.
2. "Early holders" selling.
My answer: Item #1 is unavoidable. Even SEC is blessing it. Item #2 is a current REAL threat, but selling will be exhausted in the near future. How do I know that? I re-examined the volume patterns while putting on a "early gambler's" hat and found the following.
A. First selling wave tanked from $1.50 to $0.375 in light volume
B. Important buying from $0.375 to $1.43 in heavy volume
B. Second selling wave crashed form $1.43 to $.59 in light volume
These pattern indicates insiders are NOT unloading and their positions are still intact. What we witness is "early gambler" cashing in for services rendered. The volume was just too light for insider's selling who will need to file papers to unload.
Another event that will arrest "early gambler" selling is the plan drilling. I have been in this industry for forty years and have yet to see a company going to zero before the most important event takes place in that company.
Also, almost the entire compensation for DR. Stamm is tied to the share price of IMMM. Do you really thing he is crazy enough to create a SCAM? So that he'll get zilch?
In addition, there is a technical consideration. Stock normally fluctuates around the 50 DMA. Barring from filing chapter 11 protection (what's the odds? This company just raised $1.25 Mil.), it will bounce up and through this line in the immediate future.
I cruised the Opportunist webside. Yes, it is promoting IMMM as stated in the IMMM website. IMMM management did not mislead the public in any way. So what's wrong with hiring a PR firm to broaden investors' interest in the company? The bloody truth is that everyone has been doing it for years. Larger corporations hire big guns while smaller startups use other less known service. I personally hope that they will pay CNBC to hype on TV before, during and after successful drilling. Period.
I also checked into some recommendations in the Januray issue of the Opportunist. It said buy MSQ.V at $0.40. Now, it is $0.68. It pushed NAAC at $2.0. Now, it is $3.00. It even interviewed a hypist named David Stewart who hyped ZITL from $14 to $71. If history repeats, IMMM will move, to the upside, when Opportunist hits the newstand.
Am I worry? Hardly. I spoke to Peter over the phone yesterday and I am going to interview him next week when (NOT if) his schedule permits. My cyber friends, I'll do my best as a messenger. Be patient. Think positive. Maybe three months from now when we look back, what's happening now could be silly.
Have a nice weekend.
Regards,
Mad Monk
PS. SOROS, I plan to retire in this thread so that I can devote more time to womanizing. Now, I have to stick my neck out to dig up both facts and fictions. Thanks? BTW, my weekend was shot. She said NO. Sake or no sake. My poor altered ego was completely shattered.
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