OTCPK:ITMIF - Post by User
Post by
narinderon May 16, 2000 9:06pm
318 Views
Post# 1927570
ITM -Worth the Wait
ITM -Worth the WaitI thought I would share some of my views...
I orginally bought VEN at $.30 and sold between $2.00 -$3.00 ...a little too early in hindsight ...today i took a 10,000 share position @ $1.70. I have great confidence in the mgt team and believe that ITM has great growth prospects. ITM will move woth news ...without news we will see continued weakness in the share price...mgt realizes this and i wouldn't be suprised to see news in the not to distant future especially considering the mini rally expected over the next few days....
I would not advise anyone to but the warrants at this stage...I believe that the series a warrants ...with the expiry date fast approaching ...will soon be trading under $.05 ...the series B will not do much better unless we see major strengthing in the ITM share price.....the ITM stock $1.70 @ offers a much better value...it makes absolutley no sence to purchase the warrants when you can buy the underlying share at these prices....
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