Debunking iHub Nonsense - Share Price & PRs - 3Q 2
Post# of 4336
Posted On: 11/05/2016 11:54:48 PM
Debunking iHub Nonsense - Share Price & PRs - 3Q 2014.
$INCC broke .01+ on August 19, 2014 after trading very strongly for 14 days on 220M shares - within that there were 6 x large volume trading sessions for a "thin" OTC stock: 24M, 26M, 30M, 42M, 20M and 29M.
$INCC broke .02 for the first time on September 9, 2014 and reached a peak of .0219 on September 10, 2014 after trading only an additional 167M shares in a further 16 sessions.
A long discredited basher on iHub has posted deliberately misleading information claiming that the main 2014 run resulted from 28 x PRs he has listed. Most items listed were not PRs, 7 items on his list were from 1>2 months before the run and not instrumental to the start of it, 17 items were from after the run had taken place, and only one of the remaining 4 in the period of the run was actually noteworthy.
The major run in 2014 to .0219 took place because of straightforward trading for whatever reason which is actually irrelevant. Hardly anyone, except experienced momentum watchers, even noticed the initial modest rise before the .0039>.0080 day on 29.5M shares traded (August 6, 2014).
It is also completely moronic to state that selling shares is a scam. The entire trading universe is based on the premise that for every buyer there is a seller. Astute people buy at a point that they still see potential for the price to rise - they do this at the price they have to pay if they don't want to miss out. Nobody is forcing them to buy at any particular price.
Equally astute people sell when they have achieved the profit goal they set themselves - they sell to people who still see potential for the price to rise in a timescale that is acceptable to them. The most astute sellers restrict the availability of shares they have by not selling too many too soon - thus driving the price up further - particularly when there are major catalysts in the future such as a new venture or expanding markets (exactly the current situation with $INCC and the General Election vote in states considering revised mj legislation).
If bashers actually traded shares instead of being paid per post they would know this !
Never let the facts get in the way of a pathetic attempt at disinformation.
$INCC broke .01+ on August 19, 2014 after trading very strongly for 14 days on 220M shares - within that there were 6 x large volume trading sessions for a "thin" OTC stock: 24M, 26M, 30M, 42M, 20M and 29M.
$INCC broke .02 for the first time on September 9, 2014 and reached a peak of .0219 on September 10, 2014 after trading only an additional 167M shares in a further 16 sessions.
A long discredited basher on iHub has posted deliberately misleading information claiming that the main 2014 run resulted from 28 x PRs he has listed. Most items listed were not PRs, 7 items on his list were from 1>2 months before the run and not instrumental to the start of it, 17 items were from after the run had taken place, and only one of the remaining 4 in the period of the run was actually noteworthy.
The major run in 2014 to .0219 took place because of straightforward trading for whatever reason which is actually irrelevant. Hardly anyone, except experienced momentum watchers, even noticed the initial modest rise before the .0039>.0080 day on 29.5M shares traded (August 6, 2014).
It is also completely moronic to state that selling shares is a scam. The entire trading universe is based on the premise that for every buyer there is a seller. Astute people buy at a point that they still see potential for the price to rise - they do this at the price they have to pay if they don't want to miss out. Nobody is forcing them to buy at any particular price.
Equally astute people sell when they have achieved the profit goal they set themselves - they sell to people who still see potential for the price to rise in a timescale that is acceptable to them. The most astute sellers restrict the availability of shares they have by not selling too many too soon - thus driving the price up further - particularly when there are major catalysts in the future such as a new venture or expanding markets (exactly the current situation with $INCC and the General Election vote in states considering revised mj legislation).
If bashers actually traded shares instead of being paid per post they would know this !
Never let the facts get in the way of a pathetic attempt at disinformation.
(1)
(0)International Consolidated Companies, Inc. (INCC) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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