SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IMMM ( I'm Mad Monk)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Wideman who wrote (763)5/15/1997 4:37:00 PM
From: Gerald Underwood   of 1480
 
David,

Interesting comparisons. Thinly traded stocks such as IMMM can be subject to a number of different scenarios . The one which I believe is becoming the most obvious is following a typical pattern.

1. Small float , thinly traded

2. Speculative nature

3. Several periods of delay, creating frustration in a down market for small caps.

This type of stock is easily manipulated by any entity who
has the capitol. All they have to do is trade down the stock among themselves, usually just two involved in this type of scenario. They can buy and sell back and forth giving much less than stock should be trading at and shaking out the weak hands at no increased risk to themselves. After they have accumulated a lot of shares at ridiculous prices they then sell them back to you at drastically increased prices, usually after good news has leaked out or is released.

IMO

Regards,

Gerry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News