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To: The Ox who wrote (3151)2/28/2014 10:48:37 AM
From: The Ox  Read Replies (1) | Respond to of 8261
 
IMI volume unprecedented, nearly 5 Million shares traded already.....

An old adage, often volume precedes price....

I would certainly let the dust settle and it's probably wise to wait a quarter or 2 to see if there's any revenue being generated. The fall is from over $10 to below 3 in less than a year. Clearly, the market doesn't have any faith in IMI at the moment.

The wise move is to wait for a clear change in the trend before entering a long position. That's why it's on reversal watch.....