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Gold/Mining/Energy : IPMG - International Precious Minerals Group
IPMG 0.00010000.0%Mar 7 3:00 PM EST

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To: im a survivor who wrote (590)4/7/2006 2:46:16 PM
From: rrufff  Read Replies (2) of 799
 
I don't think it's that hard to understand. If one person sells today because he wants today's hot stock, the stock will move down.

That's how it works with these sub-pennies. OTOH if you may have 5 or 6 new investors today and the stock moves up nicely.

If the trend continues, we get a reversal. Don't forget this had been trading in the .015 area. If gold stays hot, and you see days like this, it won't take long for it to be back and people all hopping on.

It's always hardest to buy when nobody wants a stock.
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