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Tuesday, September 05, 2017 1:22:40 PM
Decicco owns a warehouse for his private company, United Spirits.
That is it's MAIN function: United Spirits business.
Decicco also controls 51% of ICNB.
Who pays the ENTIRE rent and expenses for United Spirit's warehouse?
ICNB shareholders. YOU!
A little cash comes in and Decicco jacks up the rent by 58%!
ICNB needed that money for advertising!
Travel and entertainment expenses went through the roof.
No money for that? Take out another $200G in toxic loans!
Oh, ICNB buyers will be paying it back in shorting and dilution.
Wait for the R/S before you attempt a trade.
Why do 99% of day traders lose money?
They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.
In other words, they pattern trade until they lose money. 99%.
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