I don't generally give advice - but I often tell people what I am doing, and usually why. People can choose to do the same or not.
Yesterday, I mentioned here that I was going to sell half my position. I sold 4 Mil at about $.03. Kept the other 4 Mil. Today, I bought back the equivalent of 3 mil (750K) at $.07, which left me with about $36k left over. I didn't buy the last 250K because I thought I might want the cash for something else, but have not decided what to do with it yet.
So, my point in all this is that you can't be sure how things are going to go with investing. I sold half because I wanted to lock the profit I already had, and if the RS caused a drop in price, I could buy back in at a lower price. That happened to work this time, but if the stock had gone up instead, I would still have had 1/2 my original shares, and could have decided whether to buy more at a higher price.
You never lose by taking profit. You only lose when you sell at a loss. I resist the urge to sell at a loss more than anything. I hate to see my investment red, but if I've done my Dd right, and nothing has changed, I just bide my time until things turn around. Even then, there is no guarantee, but the better your DD, the better your chances.
I don't doubt that ICLD will be back over a dollar in a year or less. It was there twice last year, and only dropped to current prices because it mis-stepped with debt. I would not own any if it had not done that. And they are on a path to repair that mistake.
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