Hi Cayo. I for one am glad if it can stay down for a week or so because I want to buy as much as I can with all the money I have which takes time to settle to buy Penny stocks, so strangely enough I like it down for now because I want to double my shares.
But here is the problem with Pink Sheet stocks. The patterns of behavior often have nothing whatsoever to do with fundamentals or the financials or the CEO or the products or the promises. There is a HUGE body of traders who exist only to flip penny stocks multiple times a day (if they have an account with at least 25,000.00 in it). They move like a cloud to whatever penny stock shows any kind of promise to rise and fall so that profits can be taken in a single day or multiple times a day with no concern whatsoever for what the company sells or what PR's they have recently put out. It's a whole different mentality. They prey on the "believers" in a penny stock and see all of them as scams. They hope your belief will propel the stock so they can make money off flipping it continually. When it no longer looks promising to flip daily they move to another stock to go rape.
Since ICBN is number 2 on Ihub, it is very high profile and the cloud of penny flippers is here with us right now. They could care less about the celeb spokeswoman or the wine or how many cases it is selling, it's all about the flip and the few hundred instant dollars of profit being made continually.
Since we are in the waiting period before the next big news, the cloud of penny flippers quite possibly make up about half of all those who currently are buying and selling ICBN. It affects the PPS like gravity. And they trade very scared so if they buy and it moves down they freak out and sell all of it because they know it's going to explode very soon, maybe upon the next PR.
KNow what you have is of greater gravity than the tug of flippers once the brand is more well known and in more stores and increasing in advertising and sales. Best of all will be when the CEO announces that ICBN is leaving penny stocks and going to be listed. That news alone would get us to 15 cents today if he so announced it.
There is no stopping this stock from rising with all the elements going for it right now. It will start moving up again and the cloud of flippers will move to another subpenny and on the right day this will jump several cents. While we wait for that, it can gravitate between .008 and 2 cents based on the longs, the flippers, the Market makers, the PR's and the Hype.
So, since it is practically a given that you will see 10 cents or more this year, maybe even in 2 months, be glad when it hits a low here and there and buy the hell out of it because you just got a DEAL!
Sampleandhold :)
AI
