IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

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To: Jay Morrison who wrote (474)	11/5/1997 11:40:00 PM
From: Michael Sphar	Read Replies (2) of 665

If Q1/98 should result as your "perfect world" prediction suggests it could, then the stock should anticipate it. Was the recent low of $1.00ish the bottom ? Have we seen the first 50% upmove ? If you scrutinize the chart in minute detail it sure looks like this stock has set in a wonderfully prolonged downward compression from which it might, dare I say, "explode!" I've seen other stocks in almost equally disrespected states going through similar seemingly endless declining oscillations only one day to finally and powerfully breakout to the upside. LSI back in the early ninties comes to mind. It had the advantage of ending its downslope at $5.00 leaving it marginable by most brokerages. It rose from there to a peak of $120. IMGX attaining $6 and change would be just fine for me. Hopefully reality will follow our desires. Course if the stock dips under $1.00, oh well...

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