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Big Brother

12/04/18 7:31 PM

#15 RE: DHANA #14

Yeah, I'd agree with that. You can't really judge a stock by the first day of trading, but as first days go, this one was not very good. There are a lot of intelligent folks who run this company, needless to say the trading today did not reflect that in any way....lol.

They start the trading @ .50, and by the end of the day were whacking every bid over .25 cents, not exactly what I expected with this caliber of people involved, and a new issue with only 20M o/s.

Big Brother

12/09/18 12:04 PM

#21 RE: DHANA #14

If folks weren't already skeptical of Pink Sheet stocks, skeptical of penny stocks, skeptical of the OTC, and skeptical of Crypto in general, the ICOX stock launch fiasco did little to qualm those fears IMO.

This is supposed to be one of the most legitimate crypto tickers on the OTC, under normal circumstances, a new issue with this share structure, and this cheap pps, folks would be buying....but now investors seem a little shell shock or something. If the first public buyers are already starting to look like bag holders, after a few hours of trading, this is NOT a good way too start.

However, it's not too late to 'right the ship'. At this point, they need to start rebuilding investor confidence again, need buyers, institutional investors, bid support, start establishing higher highs, and higher lows, get some upward traction, and start moving the way it should have from the get-go. If this happens investors, and traders, will start taking a look again.