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  4. Imagination TV, Inc. (IMTV) Message Board

I think they are buying up all the 1s possible and

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Post# of 45510
Posted On: 11/18/2013 6:09:01 PM
Posted By: bosedj
Re: perchy #41467
I think they are buying up all the 1s possible and then selling them for 2 or 3.  Nice profit if you can get a million shares at a time.  They keep dragging it back to 1 hoping someone will put a sell order in at the market and snatch them up.  I get the feeling mg is correct and that this will do a RS as they keep holding the pps low and appears little interest in buying this low.  RS at 1/100 or 1/1000 and start the shorting again to drive it lower.  SEC should limit what a share can have for a par value to avoid these games.  Make the company go out of business.  At .00001 par a person can issue 4 billion shares for 40,000 and immediately sell them for 10 times at the minimum bid of .0001.


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