InterCloud Systems Inc. (ICLD)

[thestreetlawyer]

I remember ICLD trading just like this before it rocketed to near .1 there was a lot of talk about dilution ending and a lot of traders getting in and waiting. Waiting for dilution to be confirmed over and waiting for shorts to close out their positions. It kicked around the same price range for about a week and a half, slightly trending down.

Then, BOOM! It did 500% in two days. I was in this one back then but ended up selling before the action. A mistake I wont make twice. Looking at our situation now, we have a ton of pre-split holders who are begrudged to sell and take the loss. Obviously some have sold and continue to sell, But many simply refuse and have taken their shares out of rotation. Eventually those that are going to sell will have done so, and the holders will be locked.

This should work in our favor BUT dilution is still in effect. Combined with those pre-split holders who tire out and sell their large pre-split positions, we have been locked in this price channel despite shareholder confidence in ICLD. I see a ton of accumulation day after day, huge sells into the bid (500k-1m) It seems unlikely buyers would continue to step up and suck these shares if there wasnt a big move in the works.

To me we are showing tremendous strength. The .017s have held up day after day and the stock continues to spike into the upper range of our price channel. Latley Iv been a little miffed we arent moving faster, I could have flipped for small profit several times and still got back in cheaper than before. but as I stated earlier I am worried about checking in one day and finding iv missed out on the run yet again.