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Microcap & Penny Stocks : IMES

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To: don denson who wrote (1634)4/20/1998 5:00:00 PM
From: ivan solotaroff   of 1901
 
Don, Don, Don,

Mostly lurking for the S opera, though I have an agenda, too: remember, I lost twice on this piglet, and I'd like some back.
Problem is, the MMs now have the spread at close to 50%, so there's no way anyone can daytrade this. I've always thought there was a connection--not to say collusion, but a connection--between this co. and its market-makers. As long as they're playing that way with the spread, they seem committed to not allowing speculation at this point, which is ridiculous. At this point, there's literally nothing left here but an opportunity to speculate. At a cost of only $.02 a share for me to buy, and another $.02 to sell, I would'nt have been capable of earning more than $.02/share (or less than 30%)--with maximal timing--and this stock has more than doubled since then. That's exclusionary market-making, which is legal, but: EXACTLY THE WAY THE QUIET PERIOD WAS. Anyone who ever said "the market is their game" was probably thinking of IMES when they said it.
I responded to Thos. in the way I did because I got tired of his badgering everyone who didn't see things the way he did. We've had this thread for years now, and Frank's been a big part; a lot bigger, sadly, than Bill Young. Thos. joined March 18, and I have no idea where he came from or what his agenda is. I know exactly where Frank stands.

Ivan
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