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Imagination TV, Inc. IMTV
Posted On: 12/08/2012 2:21:10 PM
Post# of 45510
Posted By: HowzItgoing
Re: ICPA #12236

Well, that's the good news.


Market Makers short shares to fill orders which is the natural process of keeping an orderly market.


The bad news is that MM's short shares to trade for their own piggy banks.


As a compliment of sorts, the shorts have been attracted to ICPA/PNCH because of the volume and interest, and had a heckuva time filling the Apr 16th gap - 0.0039 to 0.0041 - but they did it.


Too many investors have watched the steady slide - a horror show - and as soon as the block-shorts round up enough PNCH shares, I don't see anything to stop the slide EXCEPT for extraordinary buying.


I respect and believe that you're building an extraordinary network, and news/revenues will follow. However, loose shares sink ships (sorry, strange metaphor but you know what I mean.)














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