Buggy python submission (verdict: Time Limit Exceeded):
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()
X,Y=[],[]
for i in range(M):
	a = LI()
	if a[0] == 1:
		X.append(a[1])
	if a[1] == N:
		Y.append(a[0])
	
for x in X:
	if x in Y:
		print("POSSIBLE")
		exit()
	

	
print("IMPOSSIBLE")

Fixed submission:
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()
X,Y=[],[]
for i in range(M):
	a = LI()
	if a[0] == 1:
		X.append(a[1])
	if a[1] == N:
		Y.append(a[0])
X=set(X)
Y=set(Y)
for x in X:
	if x in Y:
		print("POSSIBLE")
		exit()
	

	
print("IMPOSSIBLE")

Buggy python submission (verdict: Time Limit Exceeded):
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()

AB=[LI() for i in range(M)]
X=[]
for ab in AB:
	if ab[0] == 1:
		X.append(ab[1])
for ab in AB:
	if ab[1] == N:
		if ab[0] in X:
			print("POSSIBLE")
			exit()
	
print("IMPOSSIBLE")

Fixed submission:
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()
X,Y=[],[]
for i in range(M):
	a = LI()
	if a[0] == 1:
		X.append(a[1])
	if a[1] == N:
		Y.append(a[0])
X=set(X)
Y=set(Y)
for x in X:
	if x in Y:
		print("POSSIBLE")
		exit()
	

	
print("IMPOSSIBLE")

Buggy python submission (verdict: Time Limit Exceeded):
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()

AB=[LI() for i in range(M)]
X=[]
for ab in AB:
	if ab[0] == 1:
		X.append(ab[1])
for ab in AB:
	if ab[1] == N:
		if ab[0] in X:
			print("POSSIBLE")
			exit()
	
print("IMPOSSIBLE")

Fixed submission:
import math, string, itertools, fractions, heapq, collections, re,  array, bisect, sys, random, time, copy, functools
sys.setrecursionlimit(10**7)
inf = 10 ** 20
eps = 1.0 / 10**10
mod = 10**9+7
dd = [(-1, 0), (0, 1), (1, 0), (0, -1)]
ddn = [(-1, 0), (-1, 1), (0, 1), (1, 1), (1, 0), (1, -1), (0, -1), (-1, -1)]
def LI(): return [int(x) for x in sys.stdin.readline().split()]
def LI_(): return [int(x)-1 for x in sys.stdin.readline().split()]
def LF(): return [float(x) for x in sys.stdin.readline().split()]
def LS(): return sys.stdin.readline().split()
def _I(): return int(sys.stdin.readline())
def _F(): return float(sys.stdin.readline())
def pf(s): return print(s, flush=True)

N,M =LI()
X,Y=[],[]
for i in range(M):
	a = LI()
	if a[0] == 1:
		X.append(a[1])
	if a[1] == N:
		Y.append(a[0])
X=set(X)
Y=set(Y)
for x in X:
	if x in Y:
		print("POSSIBLE")
		exit()
	

	
print("IMPOSSIBLE")