Trading Update - January 27. 1.9775M slap on th
Post# of 4334
1.9775M slap on the ask cleared out the .0010s - .0011s up - only 3.8M there.
VNDM is no longer on the first ask - he is currently at .0012.
As I have stated repeatedly, there is no apparent dilution selling by the company through VNDM - as claimed by the moron long-term paid and / or vendetta bashers on iHub.
Whenever VNDM is on the ask and gets hit, he either retreats immediately or folds after a few M. To me, that is more likely to indicate small scale selling of formerly restricted shares - converted to common after one year upon completion of a long process - by professionals like attorneys and CPAs who accepted payment in shares rather than cash for their services - that is extremely common in the OTC market.
Other slightly larger selling amounts - 5M>10M - we have seen, on a stacked ask all the way down from .0018 and recent bid whacks as low as .0008, are in my opinion from a few people who are not long-term followers who got in around .0003>.0006 only 4 months ago and started posting feverishly on iHub at the time and have since left. I know who they are and how much they might have been able to get when INCC was moving rapidly up from the bottom as I kept detailed records of volumes at each price point and when they started posting.
I'm busy elsewhere on multiple other long-term trades that are currently paying off but I still have an interest in INCC. It remains my biggest ever winner, responsible for my highest profit in 2014 and highest profit in 2016.
All my remaining, still significant, holdings are effectively "free" due to my trading strategy of using banked profits to reduce the cost of extant holdings - that is, I have less in it than I have made.
As people pay less attention to INCC, that's when the opportunities arise to accumulate shares at prices that make sense to each individual. For instance, about 300M was bought above .0020 - many might have sold for a loss influenced by bashers and / or impatience - savvy traders will buy in the .0011>.0019 range and get a high share count for when acquisitions are closed and we get surge runs at various points in the future.
Stay tuned here for timely updates on all published developments.
International Consolidated Companies, Inc. (INCC) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.