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$ICLD’s trading volume this month speaks out.
(Not including today)
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
Nice professional presentation on $ICLD
$ICLD is very serious about lowering and eventually eliminating all its debt and is doing a great job.
Selling a non core asset for 4.9 million dollars (that it only payed under 1 million for) and applying it to paying down debt says alot.
See below for details...
http://www.otcmarkets.com/stock/ICLD/news/InterCloud-Reduces-Convertible-Debt-with-the-sale-of-High-Wire-Business-Division?id=152275&b=y
OTC Disclosure & News Service
NEW YORK, March 01, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (NASDAQ:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced the sale of the High Wire Networks division of ADEX Corporation. ADEX’s High Wire division contracted with telecommunications infrastructure manufacturers to install the manufacturer’s products. The asset was originally acquired by ADEX in 2014 for less than $1.0 million and accounted for approximately $11.0 million in annual revenue in 2016. Under the terms of this asset sale, InterCloud received $4.0 million in cash and is expected to receive an additional working capital adjustment of approximately $0.9 million, to be paid in six months. The proceeds from this sale were used to reduce secured outstanding debt.
Mark Munro, CEO of InterCloud stated, “The sale of this non-core business asset is a continued realignment of InterCloud’s business strategy and reduction of our outstanding liabilities. This sale has given InterCloud the opportunity to continue to improve our balance sheet and reduce the amount of convertible debt causing shareholder dilution. We are continuing to explore other non-core asset sales as well as a conventional asset based lending solution, to reduce the exposure to remaining convertible debentures.”
Some peeps just love to sell at the low of consolidation range !
Shorts & flippers just loving how easy and liquid this stock is.
As long as dumb retail is willing to sell, flippers and shorts will take full advantage
Over time the float will come off of these types and into strong hands
VERT & VNDM parked at .06
ARCA at .051
What exactly was .098 to .0302 !
It did cool off
Time to move over a dime with some mini consolidation on the way up
$ICLD’s trading volume this month speaks out.
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
Nice professional presentation on $ICLD
Low .041
.04 is new support
Should breakout after some consolidation
Solid churning of .04's before .05 break
Risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
$ICLD’s trading volume this month speaks out.
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
Nice professional presentation on $ICLD
$ICLD is very serious about lowering and eventually eliminating all its debt and is doing a great job.
Selling a non core asset for 4.9 million dollars (that it only payed under 1 million for) and applying it to paying down debt says alot.
See below for details...
http://www.otcmarkets.com/stock/ICLD/news/InterCloud-Reduces-Convertible-Debt-with-the-sale-of-High-Wire-Business-Division?id=152275&b=y
OTC Disclosure & News Service
NEW YORK, March 01, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (NASDAQ:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced the sale of the High Wire Networks division of ADEX Corporation. ADEX’s High Wire division contracted with telecommunications infrastructure manufacturers to install the manufacturer’s products. The asset was originally acquired by ADEX in 2014 for less than $1.0 million and accounted for approximately $11.0 million in annual revenue in 2016. Under the terms of this asset sale, InterCloud received $4.0 million in cash and is expected to receive an additional working capital adjustment of approximately $0.9 million, to be paid in six months. The proceeds from this sale were used to reduce secured outstanding debt.
Mark Munro, CEO of InterCloud stated, “The sale of this non-core business asset is a continued realignment of InterCloud’s business strategy and reduction of our outstanding liabilities. This sale has given InterCloud the opportunity to continue to improve our balance sheet and reduce the amount of convertible debt causing shareholder dilution. We are continuing to explore other non-core asset sales as well as a conventional asset based lending solution, to reduce the exposure to remaining convertible debentures.”
$ICLD's Operating Units
"Through a series of acquisitions, we have expanded our service offerings and geographic reach over the past four years. Our company is comprised of the following operating units:
Integration Partners-NY Corporation. Integration Partners-NY Corporation (“IPC”), is a full-service voice and data network engineering firm based in New York that serves both corporate enterprises and telecommunications service providers. IPC supports the cloud and managed services aspect of our business and expands our systems integration and applications capabilities.
ADEX Corporation. ADEX Corporation (“ADEX”) is an Atlanta-based provider of engineering and installation services and staffing solutions and other services to the telecommunications industry. ADEX’s managed solutions diversifies our ability to service our customers domestically and internationally throughout the project lifecycle.
AW Solutions, Inc . AW Solutions, Inc. and AW Solutions Puerto Rico, LLC (collectively, “AW Solutions”), are professional, multi-service line, telecommunications infrastructure companies that provide outsourced services to the wireless and wireline industry. AW Solution’s services include network systems design, architectural and engineering services, program management and other technical services. Through Logical Link, an Outside Plant (OSP) engineering company, AW Solutions provides in-field design and drafting of wireline, fiber and DAS deployments. Logical Link also performs construction and installation through subcontractors.
T N S, Inc. T N S, Inc. (“T N S”) is a Chicago-based structured cabling company and DAS installer that supports voice, data, video, security and multimedia systems within commercial office buildings, multi-building campus environments, high-rise buildings, data centers and other structures. T N S extends our geographic reach to the Midwest area and our client reach to end-users, such as multinational corporations, universities, school districts and other large organizations that have significant ongoing next generation network needs.
Rives-Monteiro Engineering LLC and Rives-Monteiro Leasing, LLC. Rives-Monteiro Engineering, LLC (“RM Engineering”) is a cable firm based in Tuscaloosa, Alabama that performs engineering services in the Southeastern United States and internationally, and Rives-Monteiro Leasing, LLC (“RM Leasing”, and together with RM Engineering, “Rives-Monteiro”), is an equipment provider for cable-engineering services firms. RM Engineering provides services to customers located in the United States and Latin America.
Tropical Communications, Inc. Tropical Communications, Inc. (“Tropical”) is a Miami-based provider of structured cabling and DAS systems for commercial and governmental entities in the Southeast. "
Risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
$ICLD’s trading volume this month speaks out.
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
Nice professional presentation on $ICLD
I am long
Like what company is doing to fix its debt
Like the revenu growth year after year
It's kind of moot issue until we get over .25 pre RS or over 1.00 after RS
CEO also mentioned possibility of up listing to OTCQX which is also good.
Lots of large companies these days are using OTCQX
OTCQX attracts big investors
There requirements are alot stricter than OTCQB making it difficult for most pennies to uplist there.
We should have no issue to uplist there quickly and the added liquidity there will benefit us.
So first OTCQX and then later back to a big board makes good sense.
Volume up from yesterdays volume
Good sign for tomorrow
RS is around EOM according to the 8k filed.
10k mentioned a latter date but not 100% whether what was in 10k changes anything so I still expect it eom.
Crushed the 50 MA and resistance at .0402 today
Tomorrow starts day 1 of our reversal
.04 will act as support
This leg will take us over a dime and towards .20+
Small reverse of 4 to 1
Solid close
More tomorrow
Another failed short attack by VERT
When will these shorts learn lol
Now look for VERT to cover on the way back up
Here we go
Power hour break of .046 coming
What he is doing is actually illegal
He preloads and alerts
The SEC loves catching these dudes
All they need is suspicion and a quick look at his account transaction history and compare it to his posts
First leg .01 to .098
This leg .03x to .3x if same
Lets say .25 is a no brainer from this new base
Add the squeeze effect and who knows
Add unexpected news like
More contracts
Asset sales to pay debt
Buyout
Don't blame them lol
It's exhausting fighting these bulls !
Nice professional presentation on $ICLD
Yep
The guy has lost all credibility
Just a p&d promo guy
There a dime a dozen
Not once did he actually do some DD on this company
This one is moving on fundamentals
Front loading his next pick so he can sell to his blind sheep lol
Testing hod .046
2 million dollars in volume today and growing
Strong as a bull today
Tonights Clay video will say
"Bulls back in charge"
This start of new leg should easily take us above a dime as our starting base is alot higher this time
RSI in 50's
Lots of room
VERT is getting hammered with ask slaps
Squeeze
New hod .0445
Risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
.0435 falling
Looks like we crossed 50 may