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Wednesday, October 22, 2014 8:33:11 PM
much churning in these levels here on INCC - i feel a significance here , just my opinion - please do your own DD
when people are selling into the bid on INCC - remember - a person is also putting a BUY order on the BID in order to be sold too
so if someone sold their INCC at .0045 for 100,000 shares, someone also bought those same 100,000shares at .0045 and are now in a position to support the stock at .0045
the other day there was some cheapy trades in the .0020's and .0030's - and some of the trades today could be those people that bought in the .0020's and .0030's and saw that they could get out for a 10 to 20 tic win on INCC, and so they sold out, again my opinion, no way really to know exActly
also, in my opinion, INCC moves very different than many penny stocks
many penny stocks do not have the SPREAD that INCC has
so if your spread is .0040 x .0060 or .0040 x .0050
many people are probably NOT going to BUY on the ASK when they see that spread in INCC having 10 to 20 tic spreads - but that does not mean that there is no BUYing - there is over 2million of buying today, and 2 million of selling
they work together
in my opinion it is deceiving to call a sell (only a sell)
and it is also not 100percent correct to call a buy on the ASK(only a buy)
in my opinion the thinness of the stock and the low float, is one of the reasons why there is that wide spread between the bid and ask
when you have these wide spreads and you want to accumulate more
it is natural to put an order for the cheapest that you can possibly get it (which would be at the bid or below the bid)
the psychology of owning INCC stock that has made huge runs is not a task for the faint of heart
for those that have bought into INCC back in the .0009 range and also the .0015 range - you rode INCC to .0047
and at that moment, if you were perfect in your trading ability, you may have sold your shares in the .0040's
then watched it back down to .0010 range
and at that time if you re-bought INCC again, then you watched it go to .0219.
from the first move to the .0040's, you watched it come back down to .0010
then the second big move was to .0219 and it came back to these levels here,
so now we have been at this .0040 to .0050 level, and we have been churning churning and churning
you hear of these HUGE moves that some of the past MJ companies have had
from the sublevels to the .25 , or .50 , or .75
but do you have what it takes, to ride it to that level?
when you had 5 million shares of INCC, or 2 millions shares of INCC at .0010
and you saw INCC at .02 - and you see the gain in your account of $40,000 to $100,000
do you take it? or do you ride it for the big time to .25 or .50 or .75?
after all, having 5million shares of INCC and you are at .75 - that can be a life changing figure of over 3million
how do you analyze INCC to see if it is worth that hold and continue watching all that gain in your account?
the support levels , are you watching what is happening?
in my opinion, I feel we are on the brink of a maniac next run
so here INCC is in the .0040's and .0050's
the support is higher than that previous .0010 support that we bounced off of after that first run
does that mean that we go to .05 on this next run?
and if we do, do we come back to .015 as the new support level???
can you handle .015 being a support level, after you saw the stock go to .05?
what happens when the Chill is officially removed?
what happens when the company achieves an uplist?
what happens when a colorado license is achieved?
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