Yesterday, more than a billion shares of Imagexpres Corp. (PINK:IMJX) were traded, after almost a year of week volume.
IMJX returned to the scene with a 50% price change and a speculative mood, that had drawn the perfect geometrical forms on IMJX chart. Historical chart suggests that the colossal volume may be followed by a price soar.
The company has not been on the news since the end of August. Second quarter financial results and the optimistic IMJX’s forecast for the second half of 2010 didn’t impress traders.
The IMJX stock’s rush resulted not as much from the news, but from the stock alerts, recommending the blazing and gains giving stock.[BANNER]
Imagexpres Corp. specializes in digital printing, and digital signage and advertising systems, coupled with touch-screen, interactive kiosks for several commercial segments including: medical, hospitality, tourism, banking, corporate, restaurants, and more.
These days, there are no disclosures about the company’s official stock promotion. At the same time, IMJX was recommended by stock marketing letters as today’s pick.
It is now up to the investors to decide whether to take IMJX or not.
