Triple 000 and Sub-penny Chart Plays

[trader53]

ICNB Possibility of a "Short Squeeze" !

Low Floater

ICNB Security Details
Share Structure
Market Value1........... $37,582 a/o Jul 01, 2016
Authorized Shares 2,500,000,000 a/o Mar 31, 2016
Outstanding Shares..375,823,721 a/o Mar 31, 2016
Float...............375,823,721 a/o Mar 31, 2016
Par Value 0.001

http://www.otcmarkets.com/stock/ICNB/profile

ICNB - Short Information

http://www.otcmarkets.com/stock/ICNB/short-sales

http://shortsqueeze.com/?symbol=icnb&submit=Short+Quote%99

http://otcshortreport.com/index.php?index=icnb&action=view#.Vm_UrOQo7cs

https://www.interactivebrokers.com/en/index.php?key=icnb&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1



The possibility of a "Short Squeeze"


Short Squeeze - What it is:

A short squeeze
occurs when the stock's price doesn't decline as anticipated.

A short squeeze is a situation in which
a stock's price increase
triggers a rush of buying activity among short sellers.

Short sellers must buy stock
to close out their short positions and cut their losses,
which results in a further increase in stock prices,
which compel still more short sellers to cover their positions.

The possibility of a "short squeeze"
is one reason some analysts
look at a high amount of short interest
as a Bullish Indicator.

Short Interest is the fuel,
performance is the fuse,
says ShortSqueeze.com

- USA Today

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113157377

A Short Sale reverses the normal
buy first/sell second sequence
as a way to profit from
an anticipated future fall in price.

An investor borrows shares of ICNB from a broker
and sells them at the market price.

The investor hopes to buy back the shares
at a lower price in the future,
thereby "covering" the position
by giving back the broker his shares.

Instead of the traditional "buy low/sell high",
an investor seeks to "sell high/buy low".

A short squeeze occurs
when the stock's price doesn't decline as anticipated.

For example,
let's say you Sell Short ICNB stock at 0.0004

But, instead of the price going down,
it goes up to 0.003
and appears to be going higher.

Now you're in trouble.

You need to cover your position and limit your losses.

You decide to buy ICNB shares as soon as possible
-- you and everybody else who shorted the stock.

This generates tremendous buying pressure on the stock,
and the short sellers rushing to cover their positions
only escalate the price increase.

Short squeezes
occur more often in small-cap stocks with small floats,
but they can occur with any stock.

http://www.investinganswers.com/financial-dictionary/real-estate/short-squeeze-2045