Replies to post #59677 on InterCloud Systems Inc. (ICLD)

[NGIN]

non-long sh/traders holding or thinking ICLD R/S is good is totally crazy and misleading as we know this will plummet back to oblivion. Its what flailing co like ICLD do #FACT

[mdimport]

Traders will sell out before the R/S.

There's a general rule of thumb that a stock drops between 70-80% in the first 30 days following a R/S. $ICLD should be no different.

So traders can sell out now, and wait for 30 days (Wash Sales rule lets them claim losses), then buy in again much lower than the current price.

There's nothing wrong with offsetting gains by taking losses. That's part of trading.