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ICN* had the skull and bones a month ago, but you bought that one didn't you?
Went a nice ride after the bones were removed. Follow the money.
If you think it is a scam, short it like I shorted ICN*....didn't think so.
You will lose trying to short off the bottom. The key to a good short is too short the top, not the bottom.
Only thing, is it starting to show signs of not being a scam since Meyers and Associates took over a majority stake. I think something is cooking, and we will see soon enough.
I'll take my chances...I didn't put too much money into it anyways.
The scam runs a very good pump and dump and runs up very often. Easy double at least.
Here we go, the drop starts in 3-2-1.
Some should be very concerned when this sells off and breaks below 2 cents. Like I said earlier, Sports Illustrated has nothing to do with selling alcohol and that this company is withholding financial disclosures for a reason...hmmm....could it be that ICNB will not receive any proceeds but instead Rich secured everything for himself through preferred shares in United Spirits.
The truth is no one knows, because we are all in the dark for a reason. Either you see it or you don't. I call bluff on ICNB. Your days are numbered.
I am long here at these bottom prices. Let's go!
You shall see soon enough. Short covering doesn't appear only on the bid, as nothing is that cookie cutter, and certainly not in the stock market.
It's called short covering...I would know, as I short penny stocks often.
Do you want this dropping to a penny today? It's not as hard as you think...
Would you buy more then?
Yup something is up, there is more selling than buying. Not looking good!
I was short on TXTM (at least mentality not with actual shares), so that does not make me a crook.
The partial gap attracted me to this stock, and I knew it was going to fill the gap before it runs again. Denial never works when trading, it just blinds you.
I am now thinking to go long, as I see enormous potential in the weeks ahead.
The market is all about timing and now is the time to get in folks. IMO
Nice, but you missed a few downs in there.
This is 7th day of down, so it should look like down, down, down, down, down, down, and down some more...
Let's just say that I believe the shorts have just covered.
You guys should be good to go now.
The gap has filled, now the buying starts.
Looks like someone wants in badly with 16 million on the bid. Anyone else see that?
What is going on, is that Longs don't have a clue. They don't stand a chance when Toxic Dilution (share printing press) is in full swing.
Sell and buy back cheaper if there is anything left after Rich and his Italian mob buddies are done with this one.
I see Red on my screen....more Red in store...coming soon
The problem with being long today, is that there is more red in store. Toxic Dilution still not over! A break under 2 cents is where this is going.
Sports Illustrated has nothing to do with the Prosecco business, as that doesn't tell shareholders how much we make or lose per bottle, or the fact that ICNB does not report anything with the SEC. That said, everything they have told us to this point can be all a masquerade, and no one (Rich included) would be held liable for the long's losses when reality hits, since they never provided anything but forwarding looking statements and hopeful and wishful hyperbole. Fact!
Longs should talk more those things and not about Sports Illustrated; at least then they maybe, they would wake up from their Bellissima hangover.
Looks like Chrisite has found other work, and the Bellissima promotions will be slowing down soon.
Yeah, but you are assuming that I used SureTrader for this trade. I admit that those guys are ridiculous expensive, so I use them on only hard to get shorts, usually worth at least 3 cents.
I don't like paying more than $9.99 usually, so a TD account works for most trades.
That is for SureTrader, spot on...
Worth every penny when factoring enough shares into the equation and considering how far ICNB is projected to fall.
That makes no sense, but to each their own.
I will be going to bed soon enough, and my game face will be on tomorrow.
By the looks of things, longs will not be sleeping well tonight....Bwhahaha
I use SureTrader to short penny stocks, sometimes Interactive Brokers.
Shipped to my brother in California, but yeah that works for free shipping no?
I am a dual resident, not hard to believe...
After when we start to cover, then the price can go up again...if the market finds ICNB to be worthy.
Well that didn't take very long to put the pieces together.
ICNB has not filed a single document with the SEC since 2015. That is not good news at all.
More selling coming tomorrow now.
I have been paying close attention to the last 6 trading days, and it has been down, down, down, down, down, and down some more.
At least one more big down to go. It needs a full week of retraction minimum.
Haven't you seen the trend, we are going down some more tomorrow.
Switch sides and make some money on the dip, or sell and get in cheaper, if you still believe in this stock after the shorts are all done cashing in.
I sincerely appreciate your candor. I think some have me all wrong, as you have researched and unearthed, I haven't always been short on ICNB.
As I have posted on this board, I sold my long position of at least 1 million shares at .0288 average -- that much I have openly and publicly admitted to. My short was also sold for that matter, but I won't mention that price yet. It was sold on the ask is all I can say...
More to your question, I was bullish until a certain point and then I had to flip sides. Now why did I go short, it really depends on certain proprietary information that I may disclose at a later time. I gave quite a few hints about the rising short interest, but everyone has been in denial to see what was in front of them all along. I mentioned a 39 million net short position that will close and make the markert makers lots of money. I talked about fibonacci sequences and what they mean for stocks. I talked about buy the rumor sell the news. All of that has proven true so far time and time again.
What ever happened to those 3-5 million share bids and buying big blocks on the ask? When that went away, the longs should have been alarmed. Just my two cents.
That is a terrible analogy...everyone knows that rides are full of scary dips.
Tomorrow we get that scary deep red candlestick. A true roller coaster, as you say.
Want proof, pull up the yearly chart and look at all those massive red candlesticks after a new high.
Get your tickets.
It was actually a sell for 1.3 million as that was volume sitting on the bid (couldn't quite man up and buy on the ask eh)..
...for every buyer there is a seller. Good try!
I entered my short on the ask and I haven't wacked the bid not even once. Like I previously said, the market is bigger than anyone of us here.
I don't need to be the one wacking the bid when other shorts are doing their job remarkably.
What you don't realize is that flippers are absolutely necessary: they create liquidity in an otherwise stale marketplace.
Good luck to you
If I told you, it wouldn't be any fun.
What I can tell you, shorting pink sheets is expensive, but very possible
Short term capital gains are based on income tax bracket. Let's put it this way, I will be not be working very much this year to keep my capital gains near the 10% tax bracket.
GLTY
Which pictures do you want to see? The short or the long position I exited?
I wasn't fortunate enough to ride it from the trips, but I got in and out for a nice ride from a little under penny to almost 3 cents.
I sold out and went short after selling, due to various signals in the chart. I have given plenty of hints of where I plan to cover, enough said.
Happy to be a flipper since 1996.
Let's see where it ends the day. Too early to call a reversal, but good luck hoping that something magical happens with no skin in the game.
Not so fast, there is more drop left here.
The price is now showing signs of resistance at the simple moving average.
Lower highs and lower lows don't add any appeal to the chart, but what do I know.
Shorts are looking good here today, and if they make it break through 2 cents, it will be looking a lot better very shortly.
Who would have thought that we weren't going up today after 5 red days; seemed like the whole board was excited about this week, still excited anyone?
I need more shares first, then I will buy more to drive it up.
Because no one wants to fulfill the order, so pulling it should cause more selling pressure and help with fulfilling the other 5 million bid. Just a thought.