Check out IMNY, was a $1.30 a few months ago, then went down to .60. Now its backup to the .90 range, with instituions owning 51% of the outstanding shares . We are thinking its a takeover target with a $1.75-$2.50 price range. They currently have .51 a share in cash on hand.
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I have 50k shares myself and have been playing it up and down, but it seems like there is a takeover coming and it should make a nice profit for everyone who owns shares. Do you research and buy some if you feel its a good buy