I have been doing some research on the web and came across a couple interesting posts on a forum dedicated to IDCN. Thoughts? The posts seem to be a little bi-polar (out of fairness, so do mine...) In regards to why I didn't sell at .0030, it is because I did not own ANY shares until AFTER it fell from that point - got in at .0022, about the same time as a barrage of Tweets and posts on this site hit saying that it would pivot and fly to new highs any day.
Now, there WAS a post on the forum that had a very passionate statement - something like "I am pounding my fist down, this stock is at least a .05 stock" - it seems to have been removed. Fortunately I am very anal about these things and when I do DD I print out stuff like that and keep it in a file in my office. When I get back in next week I will scan and post it, so that you dont think I am crazy.
From March 5, 2010
TECHNICALLY SPEAKING IDCN UPDATE: SUBJECT ACCUMULATION CAMPAIGN
STOCK CHARTER GROUP has upped there position to over 2 billion shares. We will continue to accumulate as liquidity permits. The recent break of resistance sets us up to test next area of resistance around .0025 upon successful penetration of this level WE will see a test of multi-year highs around the .0058 area. why anyone would day trade this i have no idea. MOST importantly
PENNY STOCK CHASER IS ON BOARD! We really appreciate that. all the best STOCK CHARTER GROUP!
2 BILLION, with a B? That's not an investment, that is just short of a majority owner of the company. Assuming they averaged down (or up) to even 0.0005 that is a 1 Million Dollar investment in a pink sheet.
From March 5, 2010
It depends on the time-frame but I expect it to go to .03-.05 long term.
From April 10th, 2010 (The day it hit it's high of .0031)
I tink there is a lot of upside left. Longs will be rewarded. (Spelling error is as posted on original site)
From March 5, 2010 - Starting to get a bit negative:
Is IDCN Broken???
I would say that IDCN is Broken at this time. Does that mean it is time to get out? Well, I really don't know. The fact is that we are still expecting a lot of News from Indocan about Oil, Gold, and Solar. The problem is that Stock Charter Group is relying on that news to take the stock up to the $0.004 area before they get back in to promote the stock. ...I personally do NOT plan to buy more shares here until the company gets in gear with reporting what is going on with the company. I want to see something...The Assay Report findings and/or an Update on Oila or Solar. I have heard a Rumor...and I emphasize RUMOR that the Assay/Geologist Report is done and if it is then I would expect to see a PR about the findings soon. On the other hand, if the rumor is false then who knows...As I have posted, I have sold some of my shares above $0.0025 - $0.0031 but still hold over 60 Million shares and currently plan to hold on to those shares unless the company does not come through with expected news...
This poster, who apparently was expecting penny level and above, getting nervous at .0025 and selling out 40 Million shares, causing further PPS drop. Odd, isn't it? Why sell when you are still expecting AT LEAST another 400%? Also, with the investor mentioned above holding 2 BILLION shares, odd that this would be dropping. Float should be tied up.
AI
