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Tuesday, 09/28/2010 11:32:55 AM

Tuesday, September 28, 2010 11:32:55 AM

Post# of 66900
The Stockroach still likes ICOA. They are the only newsletter that I will pay any attention to.

Howdy my darling bottom feeders.

ICOA ( ICOA Inc. ) is a legit 10 bagger for us here at the roaches! So break out your party hats if you were able to hold through all the boolsheeit and the shakes.

Now, the question is, where do I think ICOA is headed? My little pet stock that turned into the great white whale is going to go through a consolidation phase. I know that Papa hates the word consolidation but imo after a huge volume day, a 20% pullback is needed.

ICOA is a stairstepper and yes the stock is more boring than watching your Aunt’s vacation vids to Nebraska, but it is necessary for the next leg up.

You know how it is in the pinkshits, “Never fall in love with a stock.”, but how can you NOT love a 10 bagger that appears to be headed to even higher levels?

Many shares exchanged hands at .001 or better yesterday, and if you were here with us since WE AT THE ROACHES CALLED IT AT NO BID, you would understand the trading patterns of ICOA.

We were laughed at and spat on for calling this 10 BAGGER when nobody even wanted it, but who is laughing now? That’s right, WE ARE.

As I always say, WE GET YOU IN EARLY.

Click on Continue Reading for the technicals

Anyways, onto the technicals.

Support comes in at .0007 and resistance lies ahead at .0013. The Ask seems to be thin so any buying pressure can launch this baby to the next level which would be the .002 ranges.

What we are seeing today is low volume profit taking in my opinion, and remember, “Buy when they cry and dump when they pump.”

As far as I can tell, there doesn’t appear to be any dilution happening, I cannot guarantee that of course but judging by the volume and the way ICOA is trading, this appears to be all retail profit taking from those that bought at lower levels.

Senorita ” How high can she go? ” Roachita

http://www.stockroach.com/senoritas-update-on-icoa/