IMES Message Board - Msg: 3353676

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Microcap & Penny Stocks : IMES

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To: don denson who wrote (1328)	2/5/1998 7:06:00 PM
From: Greg Werner	Read Replies (1) of 1901

Don, 50 cents was a fluke IMO. I had the luxury? of watching the blow-by-blow on the stock all day. The only lot I saw at 50 cents was 100 shares at about noon. Entirely misleading. Market maker shenanigans? I think the real range was 36 to 41 cents. No great shakes either. We are now in the 13 to 14 million dollar market cap range. A far cry from the 100 to 125 million of just a few years ago. That valuation wasn't deserved and neither is this one. I'm so frustrated that I'm either going to stay away from here for awhile or bail out entirely. That's a sure sign that everybody else should back up the truck and load up (weak :-) ). Greg

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