Maybe but for those that understand the terminology these companies are called loss leaders. They exist as nothing but public research centers for the US government, they are not designed to be profitable they are designed to provide public monies instead of taxpayer dollars so the government can do sideline research, nothing else and no matter how pumpers push these less than 5 dollar stocks they are nothing and always will be as long as they are tied to the US government, just look at the likes of Solyndra.
And BTW, for those who think people are actually shorting these cheap stocks, get a grip, it ain't happening.
goes bust while the people who ran the company don't?
and the child can bring them out when they're 50 and show their grandchildren what failure looks like. Never buy a stock when it's at the top of it's weekly Bollinger band, never... always short it no matter what the news.
Unverifiable billing charges in their favor are showing up in many accounts and can't get thru to customer service to correct. Time to drop all fairpoint services and go with a capable company.
$6 is too high especially with the weekly Bollinger Lower Band running a negative slope. I'd say $5 or lower because the 50 week moving average is also crossing below the 100 week. Shorts above 10 can hold this for a long time without any fear whatsoever. Enjoy.
Actually since the July low it's up almost 300% and that's mostly in the last month so I'd say this information was well known a while back and the time to buy was a long time ago so those in the know are probably selling it off back to the 7 dollar floor for the next 6 months.
No other brokers have the programmable backtesting software except for Tradestation and that'll cost you an arm and a leg and their brokers allegedly have a shady reputation.
Ya, just another day in the life of the worst data servers ever. No morning historical data for any of their products... Happens more and more, no wonder they're losing customers and they don't care about it either.
Grown adult?? hardly.... the fact that you have to mention that and can't support it speaks volumes...
Thank you, you're absolutely right. There is a big difference in the maturity of the posts here, too many insulting children doing nothing but posting feelings with no reality whatsoever and that's on both sides of the aisle, both positive and negative.
If you want to know the truth about any public company stock, just look at the volume and it's performance relative to the overall market, that's the truth.
inventory collecting dust on the shelves worth??
Anybody want a detector for a coffee table conversation piece?
This is what happens when you rely on this government for anything, they own you and will dance you around into the ground just for the fun of it. Lucky it's not the FDA they're dealing with.
Sadly, whether you are right or wrong, that is how this news is being interpreted in the open market. The US government has again put a bullet in the head of IMSC. Personally I would investigate the personal alliances, finances and stock ownership of the people in the government making these decisions.
Who knows how long this stock will be dead for now?