MM's still shaking the tree. I haven't sold a single share yet and don't intend to. At least not under a nickle. Unfortunately though I couldn't take advantage of the low price today because I added more shares yesterday at .0143 and that was all the available cash in my brokerage account.
When share prices skyrocket people become irrational, and they also become irrational when the bottom falls out.
But over the longer term things tend to balance out. This stock will eventually go up, and when it does I will be glad that I didn't give away my shares.
Look, even if we assume another 25M shares dilution today that would put their market cap at only a paltry $4M.
Look around in OTC land and you will find many real steaming turds out there with no prospects and worse balance sheets than ICLD with market caps 10x higher than $4M!
I'm still in accumulation mode so naturally the lower the price the more bang for my buck. But once I have all the shares I want then absolutely I would hope the share price goes up where I can sell at a tidy profit. That's what it's all about... buy low and sell high, not the other way around.
And I feel pretty confident that if ICLD can continue to clean up it's balance sheet and increase it's revenues with their new products and services in the pipeline the share price will take care of itself. But company turnarounds don't happen overnight, and I understand that. That's why I will continue to hold my shares a year or two if it takes that long.
However, each investor has to do what's best for them and their particular set of circumstances. It's really quite simple though. You either believe ICLD will make it or it won't. If you think they won't then by all means sell or don't buy. If you believe they will amount to a hill of beans one day then by all means buy or hold. But only you can make those decisions.
Best of luck to you and good luck to all.
