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Technology Stocks : IMAL - Online Shopping Mall

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To: Aviator who wrote (302)1/7/1999 9:11:00 PM
From: Pluvia  Read Replies (1) of 399
 
Aviator,

Are you paid to promote this company?

As far as I can see, this company is nothing but a bunch of press releases designed to pump up the stock so the original and inside investors who bought stock at pennies - can sell the stock and make a fortune.

I find that activity disgusting. In my opinion this company is a pure "Pump and Dump" by self motivated promoters...

Did you see that on Dec 31st IMAL approved the sale of 1.54 million shares to an investor group for $7?

Just in case you were wondering, IMAL closed at 18 1/4 on Dec 31, the same day they approved selling 1.54 million shares to these guys for $7... Give me a fraking break.

Gee I wonder how many of those 1.54 million shares are going to hit the market and crush the price of this overinflated bag of air?

edgar-online.com

The company has also agreed to sell this company another 460,000 shares - for a grand total of about $2 million shares.... Can you say "look out belooooow"...

When penny stock scams get pumped up, the cheap stock comes flying out. Don't expect anything different with this Pump and Dump job...

All comments In My Opinion

Cheers Steve
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