Someone PLEASE Tell Me Why This Was Deleted...
The following message was deleted for being "Off Topic"...
Perhaps someone has a very thin skin and assumed the post was directed at them?? I thought it was TOTALLY "On" Topic...
The original post is pasted below:
Betting on Stupidity is usually safe...
Read ANY of the popular stock market books (Random Walk, Stock Market Logic, etc.) and you will discover one constant: the crowd is ALWAYS wrong.
Just because people are sheep and will follow the crowd off the next cliff, doesn't mean that they are right.
I wouldn't be surprised if someone is stupid enough to give away their shares for 12-14 -- again. I think the reality of that ignorance is one of the reasons we don't see buyers pushing us to 20+ ... we probably still have a decreasing contingent of people who want to get out somewhere between 15 and 30 and they will form the resistance levels we have to power through to get back on track.
Frankly, I expect a few wacky trades every week and congratulate the lucky Bidder to steals those shares, because IceWEB is just getting started and the fundamentals WILL drive us out of this funk -- it's just a matter of time.
I wonder what our Dynamic Duo of Doubt (can't forget Fear or Uncertainty) will be posting when we do cross 30 cents / share later this year and the take on the (sort of) recent high of 47. I still think that 50+ is VERY real for 2012.
I expect that 80% of the current shareholders will have "turned over" before we hit half a buck, but those of us that have already endured the "off a cliff" drop from 47 to 10 certainly can stick it out for another run at $1.00+ ... right?
Here's to our next wave of good news...