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I agree , I have been bearish since 0.02 , however it may create quick flipping opportunity at 0.001 ( or under )
There is a good chance this may see 0.001s
Heading down to 0.0002 -0.0003
Millions of shares have been dumped today
This was an Earnings play and now it is over
Slow bleeding very likely continue to pre-Earnings levels , probably pull back to somewhere around 0.0003 and will settle there until next ER
I agree , this was an Earnings play , and it's already over.
It will likely slow bleed down to pre ER levels in coming days/weeks, like you said when all the hype dies down completely this will settle somewhere under 0.0005 , likely around 0.0003
Seen hundreds of times this types of ER pump plays return to pre-pump levels , Daily Volumes has been going down since the ER , so is the stock.
It's a lost cause folks , cut your loses and move on , otherwise you will stuck here for a long long time
No sane person will touch this stock before the upcoming (and inescapable) Reverse Split , anyone following this company knows ONLY way they will pay off the debt is on shareholders' back.
And they will do this by doing R/S , so the debt holders convert them into shares and dump on the market.
Company keep losing money every Quarter after Quarter.... and asset sales alone won't be enough to pay the debt back , they have way too many employees they have been trying to get rid off , but they cant without getting a huge hit
And apparently Mr. Market agrees with this ,That's why nobody touching this train wreck until RS takes place and debt holders resume dumping those convertible shares.
Look at the daily volumes , that is your clue
Told you pump is over...
Daily Volumes going down, so is the stock. Daily bleeding will continue next week
Heading down under under 0.0005
When all the hype dies down completely, it will settle around 0.0002 - 0.0003
watch
Stock is left to die
bleed down to 0.0003 likely
It is pretty much a shell company , they have no revenues, didnt sell even 1 product to date
0.0003 soon.....
Last one out turn off the lights please
Apparently the hype is over and barely hanging to its life
Daily volume is going down ,so is the stock ,I think heading down under 0.0005
give it a few days , when the pump and hype is completely dies down this will settle around 0.0003
watch
I wouldnt surprise if this bleeds down under 0.0005
looks like the hype is over , and this will continue is regular daily bleeding
might be interesting around 0.0003 , till then no touchy
As I said, Pump is over folks
Daily volume dying , so is the stock
Get out while you can, this is heading down under 0.0005
it may settle around 0.0003
called 0.003 and 100% Accuracy
you welcome folks
next stop is 0.002
DEAD MONEY for long time ,Unless the company comes up with a new large contract news
The longer the Reverse Split takes effect, the longer this will bleed down. They should do the RS quickly and rip the bandaid off fast , instead of taking their time.
No sane people would touch this before the upcoming RS , so by taking their time on this, they are damaging their own stock. But hey, my be for some twisted reason , that is their intention , who knows
Anyway , once again, do not touch this at the moment, Because lack of any significantly positive news will highly likely cause this to bleed down to low 0.01s , if not 0.01 itself
Pump is out of gas , Daily Volume doing down
Party is over and late comers will likely carry the bags here
it will bleed down under 0.0005 in coming days
watch
0.001 is next
Until then STAY FAR AWAY
Wade's ULTIMATE STOCK SELLING SCAM
You should have listened folks, I have been saying since 0.006s
it will even get worse , heading down to 0.0001 ( triple 0s)
500million shares have been dumped , 5 BILLION!!! more to go
once again, get out while you can, this is another one of Wade's dozens of stock selling scams
Google joseph wade mezey , that would be enough
I said yesterday heading down to 0.003s
and got harassed by some people here , look what happened now
you welcome
As I said earlier, if 0.0005 doesn't hold , get out fast
may see 0.0003s
Looks like the pump is over , slow bleeds back to 0.002s I guess
Late comers to the party always carries the bags
stay away folks, play is over
Back to the 0.0002s in few days
watch
What did I tell you folks
Again, if 0.005 does not hold , get out fast
may dip to 0.003
As I said, if 0.005 does not hold , get out fast
Once again, it is not wise to touch this above 0.005 (or even lower)
Chart is broken and if 0.005 doesnt hold , then may even dip to 0.003
so, be cautious
wow, there is no bid
I've been watching this for a while
I wonder if start a small position here, just for the fun of it
Any advise , or upcoming catalyst in future?
or is this a lost cause?
The real question is , will 0.005 hold or not
if it doesnt hold , then 0.003 is real possibility here, not saying it will but chart is broken and everything indicates slow dilution is still in progress
Not wise to touch this before 0.005(or lower) is tested
if 0.0005 does not hold , you are in serious trouble people
it may take elevator ride down to 0.0001 -0.002
so I am watching 0.0005 if it will hold or not
risky to touch this before that
Slow bleed to 0.0001 , followed by 1/1000 Reverse Split
3.2 BILLION!!! shares ready to hit the market ( and until 5 billion shares tapped out)
STAY FAR AWAY from this folks
Google the person running this shell , Joseph Wade Mezey
There are more than enough info out there about his past and present stock selling scams
You can check out my past posts, I have 100% accuracy on this
It's a drop in a barrel , that's why market reacted as no news with no volume
Elephant in the room is, the upcoming Reverse Split , followed by note holders to convert them into shares and dump in the market.
Note holders cant do it now because of the A/S is tapped out, So debt holders waiting impatiently for the R.Split to take place so they can continue selling convertible shares regardless of how low the share price dips. Because they know, it is the only way they can get their money back fully
Otherwise selling assets and paying few hundred thousand dollars on almost $50mil. debt won't cut it.
Once gain, it is not wise to touch this before RS , even after you should wait for sometime , because of the reason explained above.
Anyway ,Here is the today's news for new comers:
InterCloud Sells Its Training Division for $1.4 Million and Disposition of $215 Thousand in Net Accrued Liabilities
GlobeNewswire•May 17, 2017
NEW YORK, May 17, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced the sale of its Training Division. The Company’s training division provided professional services focused on education and training in the network arena. The asset was originally acquired by InterCloud in 2016 for $1.0 million in common stock. Under the terms of this asset sale, InterCloud received $1.4 million in cash, additional working capital adjustment and the elimination of approximately $215 thousand in net accrued liabilities.
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 enables InterCloud to focus on areas of growth and profitability; continue to improve our balance sheet and reduce the exposure to convertible debentures.”
Am I the only one thinking there is a massive share dilution in progress, 0.02s to 0.007s in 2 weeks!!!
I may be wrong but with this speed, may test 0.003s
I'm watching close , but not touching this here , still a downhill chart with large volume and I dont see any reversal ,yet
Told you this is a SCAM
You dont need to do anything , Just google " Joseph Wade Mezey "
You will realize this is one of his dozens of failed stock selling scams
As I said many times here , it is going down to 0.0001
5 billion shares being diluted in tranches ,every single day
That is why OS (Outstanding Shares) count increasing non-stop
2 months ago O/S = 170 million shares
Today OS = 500+ mil. shrs
This is another one of Wade' stock selling scams , Cut your loses and get out while you can folks.
I have been saying this since 0.006s (check my posts about this) , I saved some folks from this fraud , some listened and cut their loses back then. Others unfortunately still hoping and begging others here to save them
Reverse Split and/or 0.01 , Whichever comes first , Then buy
Note holders cant wait for the Reverse Split ,So they can convert those on to shares and sell in masses
I really like the company and their effort to place this derailed train back on the rails again.However, time is not right here to start a position.
It is not wise to touch this before the upcoming and inescapable Reverse Split or 0.01 , whichever comes first
Then start buying gradually , at least that's my plan.Regardless though , if you have a longterm view, you are good , this will not stay around here forever, There is a good chance this will be uplisted to NASDAQ once the RS takes place and debt is significantly lowered or out of the way all together
But this will take time , if you are a patient person you will have a better entry price on this one.
My only concern with this is, CEO. It will accelerate the recovery if Munro is replaced by someone new. There is a huge stigma attached to his name.
Bottomline is, good company, wrong time.
I will let you folks know when I start a position
Good luck all
munimi :)
100% agreed , bleeding will continue slow and steady
LOL , Dont tell me you folks fell for this Pump&Dump
back under 0.001 within days
watch
Wade's ULTIMATE SHARE DILUTION MACHINE
3.2 BILLION shares ready to be dumped in the market
good luck holding the bags
bottomless pit folks, stay far away
0.01 and/or Reverse Split
One more time, DO NOT touch this one of (or both) of these occurs.
Time still is not ready , So stay far away
Daily bleeding will continue...
Get out while you can, It's a stock selling scam by a serial scammer
477 million share diluted , 5 billion more to go
Google Joseph Wade Mezey , you will know why
This will bleed down to 0.0001 , then followed by 1/1000 Reverse Split
Didnt I tell you folks "DO NOT touch this before 0.01 or Reverse Split , whichever comes first"
you welcome
EXTREMELY overvalued here, will continue to bleed down and settle somewhere around 0.01-0.02
0.0001 , followed by Reverse Split , count on it
get out fast , down hill from here
Extremely overvalued