My response concerning an investors ICNB questions
Post# of 1584
Great questions! I love when people actually think instead of taking things at face value.
I cant speak for others comparing ICNB to OWCP. What I do know is that I was one of the first investors to research for months every aspect of OWCP before everyone caught on. I was the second poster in the OWCP board to express my interest in the stock:
http://investorshangout.com/post/view?id=4100382
I followed OWCP through .06 cents:
http://investorshangout.com/post/view?id=4109922
.18 cents..
http://investorshangout.com/post/view?id=4128953
.35 cents:
http://investorshangout.com/post/view?id=4283912
..and beyond.
I'm also one of the very few OWCP whales to not only post here, but also admit my profits. I earned over $1.3 million, could have stayed in and watched it reach $2.3 million but sold on account that selling is the name of my game.
With this, you may be asking how does the above information answer your questions.
1. I called the OWCP win openly when it was at .06 cents way before everyone else was willing to put their skin on the table. You dont realize the grief i received from people doubting my OWCP pick early on. Bashers, naysayers, jealous people who couldnt afford shares.. my OWCP win was deserved. I actually put in a sell order in fear last year due to the doubt those naysayers placed on me. Good thing i canceled that Sell Order, right?
2. Although not all of my stock picks are winners (ive lost money as well; i am human), on average, 80% to 90% of my picks bring in profits.
3. I dont have time to waste in these boards. Im not here to impress people or to make friends. We're all strangers. I post because it allows me to express my thoughts as a journal so I can review my wins and losses; thus allowing me to hone my investment skills.
4. ICNB, although completely different than OWCP, is acting exactly as OWCP did when it was at .06 cents. Be it investor excitement, management communicating well, an actual product that I knew would sell, demand for the product.. its all there.
5. Dont ignore the fact ICNB was at .006 several weeks ago.
6. I didnt waste time creating that OWCP vs ICNB graph for entertainment (found here: http://investorshangout.com/post/view?id=4370999 . The fact is, ICNB has run harder and higher than OWCP by 60%. Again, its difficult to see this due to the Closing share price being much lower than OWCP; but it is true.
My OWCP post 1/2017:
http://investorshangout.com/post/view?id=4283685
Quote:
The reason OWCP is climbing, regardless of the fundamentals, is because we know where this is headed; up . Investors are just beginning to realize how big OWCP is going to get. Anything under .90 cents is still a great investment for the average investor.
This is exactly like ICNB. Simply put, I and many others 'know where ICNB is headed'. How could i possibly have knows OWCP would reach .90+ back in January?? I just did based on DD and experience. Hindsight can be counter intuitive; its very easy to ignore when someone was right.
7. To this day, investors who sat on the 'OWCP sidelines' contact me to give me their excuses as to why they didnt invest; almost as if they want me to say something to make them feel better. Thats not my job. They chose not to invest.
As long as ICNB brings in revenue, it will be the same thing.
Also, please understand.. this post is not to convince you to invest here. I could care less if individuals invest. If you or others dont want to; thats fine.
You asked:
Speaking of share structure, how can ICNB's run be stronger with the float it has compared to OWCP's?
..and yet ICNB ran 60% higher in 50 periods.
This is the OTC. Rules do not apply. How did LOGG run to .30 cents with NO product? I was in that one too.
The CEO suggested more share buybacks. Can you imagine the share price if they do ANOTHER 500 million share reduction??
You asked:
In terms of product, industry, market, and especially share structure, there are vast differences.
Product: Both have a product
Market: Both have a viable market
Share structure: Dont get too hung up on it right now. 500 MILLION reduced earlier this year. There are only 4 - '500 millions' in the 2 billion shares. ICNB could end up with a better share structure than OWCP.
Investors tend to forget these things. CEO says, "Product soon!".. investors say, "Not soon enough!"
You asked:
Also, ICNB is a Pink, whereas OWCP is a QB. What impact does this have? Additionally, if ICNB were to uplist to the QB, what impact would this have on share price? I'm in another stock where this happened after hours today.
Means nothing to me. Look at SIGA. I bet no one here or on iFlub ever heard of SIGA. Pink stock with a share price of $3.30. its gone from .53 cents last year to over $3 today... and its PINK.
http://stockcharts.com/h-sc/ui?s=_SIGA&p=...5565045952
Uplisting to QB would be good, but events leading up to it would be better.
The crazy thing is, ICNB is one step away from qualifying for QB.
https://www.otcmarkets.com/services/companies...quirements. All it needs is to become 'SEC Reporting'. How much do you want to bet this happens within 2 years or less?
Share price would probably be over .40 cents by then easily.
EMA lines are 'exponential moving averages '. not meant to be exact when comparing two stocks. Comparing charts as an absolute is misleading but what i meant was this:
Look at ICNB and OWCP side by side:
purple line=OWCP
Notice OWCPs share price increase, which started the run, last october.
Now look at ICNB - orange circle. Same blip up in share price... my opinion.. before the run. The only difference in my opinion, is that OWCP started its run 4 months prior.
Also, please understand, this post didnt write itself. i took time to do the charts, post the links, etc etc. im not immortal. we all only have X amount of time on earth. I took the time writing this post as an indication of my beliefs; and i believe ICNB is going up.
http://investorshangout.com/Joeys-Investment-Board-91611/
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