Replies to post #93334 on Triple 000 and Sub-penny Chart Plays

[mick]

good morning, 07-31-2016

[trader53]

ICNB - ((( Low Floater )))

Short squeezes
occur more often in small-cap stocks with small floats,
but they can occur with any stock.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124220652

Low Floater

ICNB Security Details
Share Structure
Market Value1...........$75,165 a/o Jul 29, 2016
Authorized Shares 2,500,000,000 a/o Mar 31, 2016
Outstanding Shares..375,823,721 a/o Mar 31, 2016
Float...............375,823,721 a/o Mar 31, 2016
Par Value 0.001

http://www.otcmarkets.com/stock/ICNB/profile

http://www.otcmarkets.com/stock/ICNB/news

http://www.otcmarkets.com/stock/ICNB/filings

[trader53]

ICNB - Upcoming Short Squeeze Explained !

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124220652

[trader53]

ICNB - Upcoming Short Squeeze Explained !

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124220652

[trader53]

ICNB - Upcoming Short Squeeze Explained !

ICNB - "Short Squeeze" Setting-Up !

ICNB - Short Squeeze Coming Very Soon !


A short squeeze
occurs when the stock's price doesn't decline as anticipated.

For all intents and purposes,
let's say that ICNB, currently at 0.0003,
climbs to 0.0004


Let's say you Sell ICNB stock Short at 0.0004

But, instead of the price going down,
it goes up to 0.001
and appears to be going higher.

Now you're in trouble.

You need to cover your position and limit your losses.

You decide to buy ICNB shares as soon as possible
-- you and everybody else who shorted the stock.

This generates tremendous buying pressure on the stock,
and the short sellers rushing to cover their positions
only escalate the price increase.

Short squeezes
occur more often in small-cap stocks with small floats,
but they can occur with any stock.

http://www.investinganswers.com/financial-dictionary/real-estate/short-squeeze-2045