InvestorsHub Logo
Followers 34
Posts 2796
Boards Moderated 0
Alias Born 10/15/2014

Re: None

Thursday, 02/09/2017 9:50:34 PM

Thursday, February 09, 2017 9:50:34 PM

Post# of 61601
Bottom line is this...ICLD is undervalued. The current share price is a result of purposeful downward pressure on the stock from the lender converting on the note. When there is no longer such downward pressure the share price should automatically revert to the mean. If you zoom out on the chart this puts us around $0.50. The difference is the additional share quantity which has not officially been released yet. That is why I say somewhere between $0.20-$0.50 as a target range for valuation. For any penny stock to have millions and millions in revenues and increasing to be approaching or already at a profitability I think the current valuation is absurd and is only a result of conversions. The reversion to the mean could happen in a very short amount of time like maybe 3-6 months.