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Posted On: 03/21/2017 7:03:54 PM
Post# of 3333
Agreed. As with all investments, I will be closely watching sales and growth of ICNB. Will be interested in qtr over qtr revenue as well as continued growth of the company (International sales, new products, uplisting, etc...).
At some point I will take some profit along the way. Always protect your initial investment.
Not trying to compare but i'm sure there were tons of "paper millionaires" with DRYS earlier this year when it ran to from a ~$1 to $100 and trading was halted and is back to $1.40. Obviously this is not normal but as you say, If you don't sell, it's not worth anything. At those prices greed takes over for most and they typically don't sell anything until the it's too late.
At some point I will take some profit along the way. Always protect your initial investment.
Not trying to compare but i'm sure there were tons of "paper millionaires" with DRYS earlier this year when it ran to from a ~$1 to $100 and trading was halted and is back to $1.40. Obviously this is not normal but as you say, If you don't sell, it's not worth anything. At those prices greed takes over for most and they typically don't sell anything until the it's too late.
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Words to remember "Investing is a Marathon not a Sprint"
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