Seems the AGM puts us down into a sub 2 bucks mode. Not a scrap of feedback type scuttlebutt info out of that from last week on any boards. I guess not one investment board type went that could give us anything more than the voting results which we were all given as per "protocol"

Very thin trading and support got knocked as those who chose to bail from ISM did so promptly after the AGM "non event". Again we as shareholders in ISM have not had any formal company update on drilling and activities like we last saw issued August 24 2007.

In the absence of news the stock price will erode and decay as it has been happening all week. The only substantial bid in the depth is an order just bigger that 10K that sits down at $1.55 dating back from June 16. On the flip side there is 16K for sale at 2 bucks, with only 2 asks in front of that level, 1K at 1.87 and 1K at 1.88, then the jump to the 2 dollar mark............LOL God this stock is boring!!

Looking at TA, hopefully the rotting effect is lessening and waning. The volume is becoming scant as those who wanted out have done so. Possible a bottom may be forming as the 1.80 to 2 bucks goroove is the next traditional level of support and 2 bucks becomes the resistance point to break through if we should move upwards. Bagholders rejoice!! there could be an NI 43-101 one day

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