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Insanant

04/30/12 1:02 PM

#32198 RE: dbcrim #32195

Why would you ask someone a questions like that when he just said he thinks a gap a 1.2 cents if going to be filled?
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DRZ

04/30/12 1:06 PM

#32202 RE: dbcrim #32195

My brother asked me that last Friday. He had tripled his investment quickly and was going to sell a third to invest elsewhere. I asked "IN WHAT? Did you find a better opportunity?" After he said "NO." I told him he answered his own question... just like you did. Good Luck!
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Stocktologist

04/30/12 1:06 PM

#32203 RE: dbcrim #32195

The ride is not free. It is worth the opportunity cost of the shares sold to provide you with the "free ride." Where are those profits going? Only you know if it's a good idea because nobody on this board trades exactly like you do, and that's a good thing.
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dmlabuda

04/30/12 1:58 PM

#32307 RE: dbcrim #32195

You need to make your own investment decisions. Selling here seemed right to me. I was able to take more than a 1600% profit on more than half my shares. From my perspective, I don't have a lot of confidence in the price continuing to go up without making a correction. Recently the price hit $0.027 and it fell back all the way to $0.018 (a 33% drop). Most people will just hang on and ride the dips but, I hate throwing away a 33% profit so, I sold half my shares and bought them back a day later and took the family out to diner. That's my style of trading. I'm completely out now because I'm confident that price will correct more significantly now. If I'm wrong, it won't change my lifestyle one bit. I can always buy it back and there are also a lot of other stocks out there right now that have a higher probability of going up than ICPA. But, again, that's my opinion.