IMNR - Is this a 'mon back or should I 'stay way back'?

[Robmeister]

I've been watching this one since it was in the mid 30's and it's been dropping like a rock ever since.

The charts show it dropped down to .09 at one point today & then went back up to .11. It's traded at .10 after hours. At the rate it's going, it's gonna crash right through zero pretty soon! 8O

Has anyone else been following this one? I can't seem to find much info. Maybe that's a bad indication? Every time I think it's hit rock bottom, it drops even further. :?:

Does anyone have any opinions whether this stock is worth trading?

[the_menace]

This stock is too risky at the moment! Back-to-back quarterly losses is not good but the good thing is, its getting lesser. I wouldn't even touch this ever, but if you do...wait til it at its bottom, or until its income is in positive :lol: .

[BOOOYAHOOO!]

I've been watching this one since it was in the mid 30's and it's been dropping like a rock ever since.

The charts show it dropped down to .09 at one point today & then went back up to .11. It's traded at .10 after hours. At the rate it's going, it's gonna crash right through zero pretty soon! 8O

Has anyone else been following this one? I can't seem to find much info. Maybe that's a bad indication? Every time I think it's hit rock bottom, it drops even further. :?:

Does anyone have any opinions whether this stock is worth trading?

I got distracted from IMNR because I have been looking elsewhere but I have been following it closely. The last major resistance is at .19 so the move to .09 took it outside the parameters of my buy target. But there is nothing on the chart that says it needs to go lower. That said, the way it is setup does not verify taking a position until it either rallies strongly and pulls back or it heads lower and gives off a true entry signal. I seriously doubt it will fall much below .09. If it did very quickly I would definitely avoid. It's in the same boat as CPNL in my book. Does anyone doubt the possibilty of CPNL seeing .02, even though the .02 that shows up as the low might be a false trade? Rememeber, this is the OTC wasteland, a place where your wildest dreams and worst nightmares can happen all in a single day! :lol: :lol: Oh yeah, if you have been watching it since the mid .30's and it has been dropping like a rock ever since, perhaps you might wanna stop watchin it for da sake o da longs. You might be jinxin da beeeyotch! 8O