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[monsieurjean]

I'm thinking that a .75 might already be pricecd into the pps in anticipation of FDA approval. IOW, IMGG should go up to at least .75 as it waits to hear from the FDA. If it's approved then it's anybody's guess. I have seen estimates from $2 a share buyout to $400 a share if IMGG decides to manufacture it themselves.
But, yes the risk to reward ratio still looks good today at a half a buck close.
We'll see how she handles tomorrow as it waits for more PR on if the image package is sent.
I hope Mr. Dean does duly deliver otherwise the PPS will do a China Syndrome number as it melts straight down to China.

good luck bud........

[footballplayr83]

Originally Posted by monsieurjean I'm thinking that a .75 might already be pricecd into the pps in anticipation of FDA approval. IOW, IMGG should go up to at least .75 as it waits to hear from the FDA. If it's approved then it's anybody's guess. I have seen estimates from $2 a share buyout to $400 a share if IMGG decides to manufacture it themselves. But, yes the risk to reward ratio still looks good today at a half a buck close. We'll see how she handles tomorrow as it waits for more PR on if the image package is sent. I hope Mr. Dean does duly deliver otherwise the PPS will do a China Syndrome number as it melts straight down to China. good luck bud........

$400 a share!! Holy crap where have you seen those estimates?? I would freak out and it would make my year if it hit $5-6/share! Anything on top of that is almost too good to even dream about...

[Cashcollector21]

Originally Posted by footballplayr83 Are you saying that you think .75 is possible in anticipation of an FDA approval, or that if the device is approved it will hit .75 afterwards? I certainly think (and hope!) that if the device is approved we will see MUCH more than .75. A couple other forums I am on are predicting $1-$2, or even $4 over the next few months...

The buy out will be 2.50$ and up, but not FDA approval. Don't expect a high rise friends. It did rise from .04 to .75. Upon approval, I believe it be at $1.50

Thats my own opinion.

[monsieurjean]

Short term two dollars sounds good. If IMGG decides not to sell if approved and starts to produce all kinds of cool gadgets and machines based on its patented tech, then who knows where the pps would go in 10 yrs.
Meanwhile let's hang in there tight and hope we get out with more than our shirt on our back.
good luck

[monsieurjean]

They're closer than ever to getting that fda approval, maybe by end of nov. early dec. the last request from the fda was about labeling and intended use of the machine. IMGG is exhibiting at the big and most prestigious event for Radiology starting after Thanksgiving into early Dec. Many observers think that FDA approval could happen then. If that's true then we should see the pps go from .97 today to $2. Buyout offers could send it to 3-4 bucks easily.
I still think the risk/reward ratio is good for an entry point here. Worst case scenario would be if FDA asks another question before approval then this could go down to .80 but if approval come soon we're talking about 2 bucks.
GTLA

[monsieurjean]

IMGG has not gotten fda approval yet. They've got 14 points to answer to the fda to continue with the approval process.
So.........this makes this stock an excellent one to trade in and out of while it awaits approval.

IMGG now @ .67 and should go to .80 then on to 1.00-1.20.
Anyway keep an eye on it. She went from .04 on 09-01-09 to 1.95 on 11-13-09 just anticipating approval!!

I think IMGG is setting up again to run back up to 1.95 and wait again for FDA decision on approval or more questions or requests.

It appears that this can go on indefinitely since according to the ceo and others that a flat out rejection from the fda would have happened long time ago. So, they're optimistic and I'm optimistic..........??!!!

Good luck