Thursday's Technical Bounce Play

IGSM -  We have been watching this little jewel since the begin of it's run. The KINGZ know full well of the fundamentals of this stock in regards to a press release due any day for IGSM to up list to the OTCBB board. But today, we are strictly going to play the technical indicators of the chart and it is screaming for another bull run after consolidating for 2 days straight. The L2 is paper think on this up to .004 and this has bounced off it's lowest support of .0022 twice yesterday and closing at .0024 on very little volume indicating that investors are holding onto their shares with an iron grasp. The Float of this stock is very low with only 199 Million shares. YES, you heard right, only 199 Million shares in the float. Conduct your due diligence on the fundamentals of this stock for a mid to long term play as long term investors seems to be holding for a penny & beyond, but currently will ride the momentum back to .004-.005

GLT!

http://stockcharts.com/h-sc/ui?s=igsm