IMES Message Board - Msg: 3511040

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Microcap & Penny Stocks : IMES

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To: Perry Stewart who wrote (1386)	2/23/1998 9:12:00 PM
From: Wayne Anderson	Read Replies (1) of 1901

Dear IMESers, Well we all really got the shaft on this one. My faith has dropped tremendously on this day. 250K shares took it down to .08 to .10 and 100K brought it right back to .14. If you have ever been in a stock that is going down, this last move today was called the final puke. If we get any news out in the next few days, watch this thing rebound back to .35 to .50. I am so glad that George is out of dodge. He may be trying to put a hurting on the rest of us and the company, by selling a portion of his many shares, but that would be the stupid logic that he probably would do. I don't think it is any of the small investors that are selling. Why would we sell now? If I unloaded all of my shares now, the bid and ask would probably go negative. I have a strong feeling that we will see a form of bankruptcy appearing soon. Anything shy of that would be excellent news. Bankruptcy is by far not the worst thing that could happen to us at the present. Look at TWA and continental! you also have to remember that some of the employees are compensated by stock, or they at least were. Hang in there everyone. Remember the smart money buys when no one else wants it, and they will fight like hell to buy it later. Wayne Anderson

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