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Thanks--doing some DD on this one and it's looking good so far...
Well, in a word: Uranium.
MGMX at .0008. Phantom shares covering?
MGMX--.0007 --moving up into the close.
I agree--it looks like a double bottom has been put in place, too. Just waiting on the next PR to ignite the rocket.
The website link here doesn't work--is it down temporarily or is the link wrong?
TIA
You make a very good point. It was just wishful thinking on my part. When I heard who the player was yesterday, I knew it was a P & D and said so. Well, today we got the dump. For those who have held shares here for nearly 6 months, yesterday was a just a anomalous blip.
That's why I had to sell some yesterday at .0009. We got P'd and D'd. Too bad IDCN didn't release some sort of update this morning to support the price.
That's not the first time the hype-ster has been in jail. Why they keep letting him out is the question. He must have a lot of get-out-of-jail free cardzzz. Geez, that zzz schtick gets old fast.
Now the 3 billion share question is: Will .0006 hold? If it does, that'll be quite an accomplishment!
I hope you're right. Frankie deserves it especially since he's been here forever watching the sideways trading and on Monday he's facing the knife.
Here's some more encouraging news:
URANIUM PRICE JUMPS TO RECORD 40-YEAR HIGH
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/11/cnuranium11.xml
Competition with the utilities and producers who dominated the market previously has driven prices higher. Analysts forecast a price of $140 next year.
I'm keeping my eye on this one. I follow a lot of silver stocks. I was hoping to buy back in under a nickel, but that might be problematic.
Keep SRLM on your radar. It has had a nice breakout from the upper $2's. When they start producing it will be a solid investment--not a flip.
Well, everyone knows with that zz crew...what goes up almost always comes down. At least, intraday. Maybe we snagged some more 'investors' today, though. Like I said, this could be the electric shock that gets this monster moving....
Shakerzz claims he's not flipping today but will wait for this to hit .0014 or so. Or so he claims. Huge grain of salt. I don't like his style, but in this case he sure slapped IDCN awake. Quite a wake up call.
Figures this happens today when you have health problems.
YIKES! I hope the surgery isn't complicated. I'm really sorry to hear that, Frankie.
ILGY--retrace in place. Good call. Bought back some here for move again over .001. JMHO
Well, this sure does put a big dent in Frankie's chart!
At the very least, our log jam has been broken.
Sold some at .0009. Will buy back lower later.
FRANKIE< WHERE THE HELL ARE YA? >
Gotta sell some here.
.0008! no .0009!
IDCN .0008. Gotta hand it to you guys--you did it. Never thought I'd see the .0006's fall that quickly.
I agree. I am playing devil's advocate here. I am enjoying this pop. I know Shakerzz was in heavily with IDCN twice during the last pop and he treated it like an ATM machine. But as you know...his crew is in and out fast and they often leave the stock lower than when he first pumped it.
Hallelujah. But what happens when Shakerzz crew starts dumping? You can guess. Back to .0005.
(I will be Frankie today since he is gone, ha ha)
Frankie must be out fishing. He's missing out on another test of .0006
----
Can you believe people actually buy just because of what this guy (gal?) says:
IDCN > NEXT RACE HORSE > 6Z WILL FALL LIKE DOMINOZZZ > IDCN > IDCN > TEN HUT !!!! LETZ TRIPLE DIZ 1 > mini lsmj alert > if ya liked lsmj TRY A LITTLE IDCN ,> SHAKERZANDMOVERZ PRESENTZZZ > IDCN .0005 FULL GUN ALERT > LETZZZ ROK DIZ PLACE INSIDE OUT >> BHUB AND LSMJ ARE DONE ITZ TIME FOR IDCN > IDCN 0005 HUGEEEEEEEE LOL JMHFO >> ALL POSTS ARE JUST ME THINKING OUTLOUD LOL
(BB's Penny Haven)
IDCN: If any of you can get it past the concrete ceiling we call .0006, go for it!
Shakerzz is on it huh? Oh crap. Pump and dump time.
Let's see if his posse can get this past the concrete ceiling we call .0006. HA!
Lots of .0006's going by now. Where is everyone? Everybody gone fishin' ?
10k traded at .0004. I step away for a few minutes and now its 90 million traded at .0005. And now here's .0006 on very light volume. Will it stick or will it be just another snowflake on a lava flow?
Bizzare.
TNOG looking solid as a brick here. NITE does seem to have a lot of shares to sell, but with some news, look out above. A lot of blue sky.
Could this be the start of a general capitulation? Folks have been waiting about 5 months for 'news any day now' on this shell. It could come tomorrow, months from now, or never. Dead money that could spring to life at any time. Or not.
No--it was a while ago.
I noticed the usual AH prints at .0005. We're in for more doldrums this week.
I have not sold anything. I did snag some at .0004. But I've also bought higher. I'm losing, but not my shirt...so I can afford to be patient.
IGLY had good news today. I bought it at .0006, watched it languish at .0003...and now it's .0013.
Good things come to those who wait. (Sometimes). I hope that's the case with IDCN.
PATIENCE!
Four bucks worth dumped at .0004. LOL
IDCN has plenty of fleas--just like any other pink sheet pooch. I had the audacity to buy a far worse pink--ILGY--at .0006 and right now it's at .001. In one day. In less than an hour. For no particular reason. IDCN can certainly do the same once we get past all the bidwhacking. And IDCN has plenty of pointed reasons to buy it left in its quiver.
It's a sideways stalemate until then. But some day it will go up. Or down! It's fun to watch at least, right?
ILGY UP 80%. eom
ILGY HOD .0008 Some volume coming in...
HOD on nice volume. Good news coming? Will TNOG have another summer run? I think so.
Welcome to the IDCN party. It's wise to 'BYOB' at this point, but once it takes off it's free drinks and radioactive fireworks.
I'm seeing .0006 right now. Will it hold?
Read about the uranium drilling and Flying A wells on IDCN's updated website:
http://www.indocan.com/energyproperties.html
IDCN is in the right sector at the right time. IDCN + URANIUM = $$$$$$
Great article--worth reposting a time or two.
Consider these facts...
1. About 16% of the world's electricity came from 440 nuclear reactors last year, according to the World Nuclear Association. Currently, there are 28 reactors under construction around the world and another 62 being planned:
- Japan intends to add 11 by 2010
- China hopes to add as many as 30 by 2020. More on China in just a bit…
- India wants to build up to 20 more
- Russia’s energy goals call for at least 42 new nuclear reactors...perhaps as many as 58!
2. An additional 100 plants will be built in the next 10 years, with 40 of them in Asia.
3. Bottom line: By 2050, scientists estimate the world will need about 900 more nuclear power plants to keep up with growing energy requirements.
As a result, the undeniable reality is that demand for uranium is outstripping supply. In 2005...
• Supply from mines was 102.5 million pounds
• Demand was 171 million pounds
• The gap was 68.5 million pounds.
Totals for 2006 aren’t in yet, but demand probably topped 180 million pounds. And as new nuclear power plants come online, that demand will grow. A typical 1-gigawatt nuclear reactor requires around 200 metric tonnes of natural uranium per year. During startup, a new nuclear plant can use TRIPLE its normal requirements.
The fact is production from world uranium mines now supplies only 62% of the requirements of power utilities. The rest is made up from rapidly dwindling stockpiles, mainly old Russian nuclear warheads that are converted to material for power plants. That agreement expires in 2013, and won’t likely be renewed, since the Russians have a very ambitious nuclear program of their own.