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So, you had over $100,000 to invest, you dumped it all into a barely-penny stock, got out minutes later when the stock went up by a tenth of a cent, and raked in $100k in profit? That's pretty amazing, especially considering that this stock has barely had a profitable window this morning. You must be dead on precise.
Now, did you do all this before you called a $5M bet to hit a one-outer for a royal flush, then traveled back in time to boff the prom queen, or after?
Your prediction failed because it was worthless pump and dump hype based on your hope that other people will "keep hittin' that ask" and drive the price up for you to sell shares.
Anyone with half a brain could see that the .015 price on Monday was not going to turn into 1.00 on Friday.
It was pretty amusing to watch you cry foul about the recent article's claim that the stock price is moving because of hyperbole by little investors. While they overlooked some strong (forthcoming) business developments, they certainly weren't wrong about the bogus speculation attempting to pump the price. Ironic that you didn't recognize yourself as the subject.
But keep making those predictions. Remember, if you cover enough dates with enough prices, sooner or later you're going to be right.
Actually, the few good answers were buried underneath a mountain of "You are not a true believer!" posts aimed at the original poster and those of us who followed up asking for more information.
They were also obfuscated by at least one post with completely incorrect information.
This whole subject is pretty funny, though -- people ask good questions, and in 24 hours your accusations have ranged from "you're not supporters" to "you're actively trying to drive the price down." Paranoid much?
Ironic that you believe so strenuously that traffic on this board has a major influence on the stock price, yet with that assumption don't see the impact of "It's gonna 'splode to $1.00 pps tonight! Reely take my word for it I been to Florida once and done all sorts of DD!"
Anyway, you and Dan keep "hittin' that ask" and drive the price up for the rest of us. Originally I expected to get solid information about the company out of this board, I realize now that the real value is in amusement at your antics.
Actually, I meant the "zealots" in a more general sense, for the people who stay firmly behind door #2. You mentioned that you're occasionally behind the other doors, so I didn't mean to specify you. :)
And yes, I agree with you about the new investors!
So, you're in group #2?
As I mentioned before, it's unlikely there's anyone here who doesn't believe IDGI is healthy and a good investment.
That's pretty logically the common thread on IHUB message board subscribers, wouldn't you think?
On the other hand, you can divide that set of believers into two groups:
1. Insightful investors who put their money into a stock, but continue to ask questions to understand the possibilities and have more information for ongoing analysis and decision making.
2. People who somehow feel threatened by those legitimate questions and start whining about lack of faith in the company/CEO/Shiva the Almighty/etc whenever someone dares post anything other than, "We gonna allz be so riches!"
It's a shame the board is so heavily populated with those behind door #2. It ends up taking much more time to cull through and find the really useful information from people behind door #1.
Where in that statement does it say that she needs to issue press releases?
That's right -- it doesn't.
He said he agreed with the question a number of us posted --what's the significance of the convertible filing?
He didn't say anything about issuing PRs, and he didn't ask about other events. Perhaps you should read a bit more closely before you fly off the handle.
Since PristinePicks already gave a pretty solid answer about the original topic, you can safely ignore this thread now; it's worrisome to see legitimate questions triggering such stress for you.
Same here, I searched a bit on both Google and Bing, as well as Deutsch's IMDB entry, and didn't find much detail on their divorce. Maybe it was a fairly amicable, uneventful split and thus, wasn't considered "newsworthy." :)
Definitely...it works for books. Someone's novel won't have sold a single copy since 1983, but if Oprah endorses it, 5 million copies walk out the door at Barnes and Noble later that afternoon. I can't think of any more effective marketing in the country.
Except possibly having an "Adult Content" label issued for your product. Maybe if Inca included a tag saying, "Parental warning! Explicit content!"
Only married for four years...think they had a pre-nup?
I only found one article that references them both to discuss divorce settlements. Ironic part is that the article is about another couple's divorce, sparked by the woman having an affair with Deutsch. Go figure.
As long as we don't get images posted of Oprah modeling the 2010 cruise line, an appearance there would be a great development. ;)
"I'm a true supporter!"
I'm curious, why is it that whenever someone asks a serious question on here, or tries to take a realistic look at the company's situation, the rebuttal is always, "I don't care, 'cause I'm a true supporter and Stacy's doing great!" That's often followed by a declaration of how long you are in the stock, blah blah blah.
It's odd that when someone has a concern, you immediately question that person's "loyalty." Do you really think people are reading this board day after day if they don't own significant shares of IDGI and want to see the company do well?
When you lash back at questions with criticisms of the question's validity or the inquirer's "faith," you sound more like a religious zealot than an investor. And once again, people here keep saying that buyer volume is a key to seeing the stock price rise, so perhaps providing real answers to the questions would help increase that volume.
And on a related note...how about investing in a spell check? Yeah, everyone makes a typo now and again, but really -- if you can't write a three sentence post without fifteen spelling errors and the grammar of a second grader, those new buyers probably find it a bit hard to buy into your "analysis." You know that story about the kid who walks into a corporate interview with multiple piercings, tat sleeves, and his vintage MegaDeth t-shirt? Yeah, same concept.
I'd like to hear about the convertible note, too. I assume these folks who have apparently done such in-depth due diligence can take a moment away from their predictions of the billionaire life and answer?
Exactly right. I keep seeing assertions on here that one of the keys for the stock movement is to attract new buyers.
When you stack up the good and bad things that have happened in the past 18 months, you have to admit that there are just as many negatives as positives. The good news is, the negatives are in the past while the positives have all been recent.
So, the potential buyer says, "Gee, this stock is at a bargain-basement price right now, what happened? Ah, yes, they hadn't sold much, had an ugly ownership buy-out, were part of an SEC investigation..."
Assuming the buyer doesn't look elsewhere right then, what he/she finds in Research Step 2 may make the decision.
Do you want him to see 500 messages claiming that the company will somehow be worth millions in a year, based on the hopes of a constantly moving date for an online store?
Or would you prefer that buyer see a bunch of posts with realistic analysis, some enthusiasm, and unbiased reporting?
All I'm saying...don't bury those valuable posts with a bunch of, "OMG it's gonna EXPLODE AT ANY MOMENT" messages. You're not helping your cause.
The situation with the previous ownership was very similar to the three-year old tradition of DCBR. Started out with a very strong product and what looked like a good business plan, but quickly dropped into ceaseless PR's, failure to deliver on action items promised in the investor newsletter, and baseless speculation by both the company and folks on boards like IHUB and Raging Bull.
(In fact, the company sent all shareholders a "strategy" packet once showing how much money they'd make if they sold X cases of product at every Wal-Mart in America, every Target, etc. To date, they don't even sell in those stores.)
The results with DCBR?
-- Temporarily de-listed during SEC investigation
-- Reverse split which cut the stock to 10% of its pre-R/S price.
-- Three years later, the "believer" investors have either taken a loss or are sitting on it for a really long time.
I've been reading this board for about four months now, but don't post often. It's good to see that Stacy Josloff is focusing on building a successful business -- as PristinePicks said, that kind of action will drive the stock price.
And while the enthusiasm is really fun to read, it would be nice if people would rein in some of the pure speculation. "We're on our way to $3.00/share!" isn't analysis and isn't forecasting -- it's a wild guess, and it's the kind of language that attracts exactly the kind of SEC attention PristinePicks mentioned.
A few people on here have posted some very insightful chart analysis, and quite a few are posting great information about upcoming company events and actions. How about more of that, and less of the "We're all gonna be ka-billionaires!"
And for the record, I'm 488,000 shares at .003/share. So, I'll be as pleased as the rest of you if it hits $1, but I'll be quite happy if it hits ten cents. :)
Is Inca stuck?
Seems like it's been at 5.5M volume today for over an hour now.
Some of the brokers encourage it. Fidelity, for example, charges you $8 for a market order on a sub-penny stock like this, but they'll charge $50 for a limit order, so some people take the gamble or hit on the market order to save the commission.
Short squeeze does look very promising -- has anyone been tracking how many shares NITE has bought to cover over the past week?
Level 2 analysis...
So, never having had a Level 2 interface to look at...
I think you're pleased with this scenario because the Asks are progressively high, which means if people remain interested in this stock, the price will continue to go up.
What I'm curious about is if there's something else in here that makes you optimistic -- I can easily picture this run petering out as interest falls, and either a) the volume dries up and the price sticks around .004 - .005 or b) someone comes in to dump shares at .003 and .004 and the price starts falling back down.
Are you seeing some other metrics that indicate the interest is still there and climbing, or just the momentum from the past few days?
Thanks,
Usual
Yes, I've been reading this board for a while, just haven't bothered to post. I'm a lot more active on RagingBull.com, but they haven't had any traffic regarding Inca Designs.
I have 490,000 shares of IDGI at an average of .003, so I've been pretty interested in the movement lately.
Covering shorts?
I'm missing something...I didn't think you could short stocks at .70/share.