brainiac54. This is my opinion. For a couple of we
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Posted On: 02/24/2017 7:33:04 PM
Re: brainiac54 #2001
brainiac54. This is my opinion. For a couple of weeks, ever since the unexpected slaps on the ask of 98M in a single day which took INCC from .0011 > 0013 (including 40M in a single second at .0013), the basher activity on iHub has increased dramatically - with every single positive post being attacked and iHub Admin facilitating the bashers' actions.
We also had the illogical 10M added to the ask - in addition to the small amounts we are used to seeing from regular 1/2-tick flippers - at .0014 walked down almost daily - on and off - to .0010 today.
The usual tactic is to make a sacrificial sell into the ask of a small amount - often at shorted non-retail 5-decimal place prices - to see if others will panic and sell for a loss into the large waiting bid. Today some did, wiping out the whale bid at .0009.
When the whale bid increased at .0008 - I think to 24M (wasn't watching the whole time) - there were large slaps on the ask at .0009 - 5M/4M - but there was still a stacked ask - albeit smaller than the bid.
I'm busy trading many other stocks daily whilst waiting for developments on the 5 catalysts for upward movement on INCC. Due to the obsession the vendetta bashers have in trying to bring the stock down, it is counter productive for me to waste my time countering their every move at non-critical times. If they manage to take the stock lower, I'm ready to buy large amounts. If the stock moves up, I have shares to take profit on at many different levels. Overall, I have banked far more on INCC since 2014 than I have in it - although I still have a lot in it.
The company self-evidently isn't selling shares - unlike many others in this price range that are selling 200M > 1B+ convertible debt shares per day.
It is very obvious when those who were paid in formerly restricted shares in lieu of cash for services rendered - attorneys, CPAs etc - sell, as they can only do that through certain brokers like VNDM - that's why we see that MM come down occasionally but only sell a few M before moving way up again.
Everything else is just normal trading with savvy buyers adding at prices that makes sense to them - bearing in mind their overall holdings and cost basis -and the impatient becoming losers by selling unnecessarily because they got bored or panicked or listened to the basher nonsense - just like those who sold in 3Q 2014 onwards on the way down to .0001 and missed out on the 2016 runs.
I have no doubt that there is money to be made with INCC or - as one of the biggest whales in the OTC - I wouldn't be wasting my time on it. In the meantime, many of my other long-term watches are paying off daily as predicted - I'll be quietly waiting for it to be INCC's turn again when the name and ticker change come about or on any other significant update.
I waited 2 years to bank a multiple $5-figure sum in 2016 and I'm quite happy to do that again - although I don't think it will be that long this time with all that is going on behind the scenes.
We also had the illogical 10M added to the ask - in addition to the small amounts we are used to seeing from regular 1/2-tick flippers - at .0014 walked down almost daily - on and off - to .0010 today.
The usual tactic is to make a sacrificial sell into the ask of a small amount - often at shorted non-retail 5-decimal place prices - to see if others will panic and sell for a loss into the large waiting bid. Today some did, wiping out the whale bid at .0009.
When the whale bid increased at .0008 - I think to 24M (wasn't watching the whole time) - there were large slaps on the ask at .0009 - 5M/4M - but there was still a stacked ask - albeit smaller than the bid.
I'm busy trading many other stocks daily whilst waiting for developments on the 5 catalysts for upward movement on INCC. Due to the obsession the vendetta bashers have in trying to bring the stock down, it is counter productive for me to waste my time countering their every move at non-critical times. If they manage to take the stock lower, I'm ready to buy large amounts. If the stock moves up, I have shares to take profit on at many different levels. Overall, I have banked far more on INCC since 2014 than I have in it - although I still have a lot in it.
The company self-evidently isn't selling shares - unlike many others in this price range that are selling 200M > 1B+ convertible debt shares per day.
It is very obvious when those who were paid in formerly restricted shares in lieu of cash for services rendered - attorneys, CPAs etc - sell, as they can only do that through certain brokers like VNDM - that's why we see that MM come down occasionally but only sell a few M before moving way up again.
Everything else is just normal trading with savvy buyers adding at prices that makes sense to them - bearing in mind their overall holdings and cost basis -and the impatient becoming losers by selling unnecessarily because they got bored or panicked or listened to the basher nonsense - just like those who sold in 3Q 2014 onwards on the way down to .0001 and missed out on the 2016 runs.
I have no doubt that there is money to be made with INCC or - as one of the biggest whales in the OTC - I wouldn't be wasting my time on it. In the meantime, many of my other long-term watches are paying off daily as predicted - I'll be quietly waiting for it to be INCC's turn again when the name and ticker change come about or on any other significant update.
I waited 2 years to bank a multiple $5-figure sum in 2016 and I'm quite happy to do that again - although I don't think it will be that long this time with all that is going on behind the scenes.
(2)
(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.