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Re: WeGetMoney post# 24562

Friday, 03/17/2017 5:42:54 PM

Friday, March 17, 2017 5:42:54 PM

Post# of 61601
I don't go by one filing - I keep track of quarters, annuals, and anything else reported to the SEC. It is by continuing to read them that you can spot trends in the company itself, assuming you can understand the lingo, and realize that they have to cover every possible eventuality, so there is a lot of CYA talk. You also learn about insider investments this way.
Inexperienced readers take the CYA words as warnings which affect their decisions. Experienced readers know those are weasel words that have to be there in case of some unexpected eventuality.
The real meat of these filings is what they are buying, selling, planning, and what they are doing with debt. You only know if things are improving if you have several quarters internalized. Compared to earlier quarters, ICLD is looking and smelling like a rose, and the next earnings report should be even better.
Thus, I've loaded up and will load some more, if the sp ever hits my average again - .0275...and maybe a little higher. I think that as long as I keep my avg below .03, there is little chance of losing any money at all in ICLD.