Bob,
Sorry for the silence, but I too am somewhat puzzled by the lack of movement, even though I can justify reasons for it. Most (almost 100%) of people are not willing to invest (bet) anything on an unproven stock (technology). Last I heard was on Friday (through someone else), and at that time, Jesse Taylor's word was that the drilling was on schedule for today. I am the first to admit that my "investment" in IMMM is largely based on intuition. I bought more on Friday. Where are these shares coming from? I can't answer that. I think a lot could be MM movement to and fro, but if so, they have not accomplished their goals -- I assume their goals are to obtain cheap shares while stirring up an upward movement and some interest in the stock. They may have done the former, but certainly not the latter. I guess we will have to be content to wait for the technology to be "proven". Proven or not, if IMMM finds commercial oil on UPR land, and UPR FINALLY issues their OWN press release of this event, this stock will go up dramatically. Those who sat on their conservative butts will say forever, "I knew it, I just knew it. It was sooo cheap." On the other hand, if they don't find oil, we may have to be content with .25-.31 until IMMM "hits" on something.
I am not any more negative or worried now than I was one month ago. It would be foolish to say I am not dissappointed, but I am STILL BULLISH. I have to be -- my fortune relies on it.
I certainly never intended anyone to make investment decisions based on my sonar thoughts. I hope I have always made this clear. That said, MAY WE PROVE THE SCEPTICS WRONG AND HAVE A STORY TO TELL OUR GRANDCHILDREN.
I remain,
SOROS |
