Keep in mind that investors are most likely skepti
Post# of 3333
(Total Views: 263)
Posted On: 04/06/2017 3:44:34 PM
Re: PennyStockin #2337
Keep in mind that investors are most likely skeptical about a pink sheet stock. I thought this would move up with the PR (lots of good stuff in there). I was mistaken. I am guessing the market wants to see actual numbers first. As we most likely know, Q4 -> Q1 ->Q2 should be exponential from Quarter to Quarter.
Here is what I think needs to happen between now and July. There are other things such as internationalization and strategic partnerships but these things along should get the stock moving. Price won't begin to move much until after step 3 or 4. It will be a snowball affect once some of these become real. Right now it is all speculation of revenue.
Most people (including us) are watching this too much. Having opinions on a daily basis for something that will take month's to happen can get discouraging. I'm sure Rich and company aren't watching the stock every day. Their job is get all the moving parts into place. If the sales are what we think, there will be NO way for anyone to hold this down. It is still a little too early. If this was a true pump and dump, it would be back in the trip 0's by now. The current PPS is probably the expected sales as on now with no P/E. Once we get incremental quarterly sales, the P/E will start jumping up which drives those stock prices of .30, .40, $1, etc..... It is POTENTIAL revenue. Yes, a stock buyback and off the pinks will be the big drivers to get these type of #'s.
- Step 1: Show Q4 earnings (possibly slip info about Q1)
- Step 2: Follow up shortly with Q1 numbers
- Step 3: Finalize open issues with major Distributors (and get product flowing)
- Step 4: Finalize audits (to move off pinks)
- Step 5: Begin stock buyback
- Step 6: Report Q2 numbers
Here is what I think needs to happen between now and July. There are other things such as internationalization and strategic partnerships but these things along should get the stock moving. Price won't begin to move much until after step 3 or 4. It will be a snowball affect once some of these become real. Right now it is all speculation of revenue.
Most people (including us) are watching this too much. Having opinions on a daily basis for something that will take month's to happen can get discouraging. I'm sure Rich and company aren't watching the stock every day. Their job is get all the moving parts into place. If the sales are what we think, there will be NO way for anyone to hold this down. It is still a little too early. If this was a true pump and dump, it would be back in the trip 0's by now. The current PPS is probably the expected sales as on now with no P/E. Once we get incremental quarterly sales, the P/E will start jumping up which drives those stock prices of .30, .40, $1, etc..... It is POTENTIAL revenue. Yes, a stock buyback and off the pinks will be the big drivers to get these type of #'s.
- Step 1: Show Q4 earnings (possibly slip info about Q1)
- Step 2: Follow up shortly with Q1 numbers
- Step 3: Finalize open issues with major Distributors (and get product flowing)
- Step 4: Finalize audits (to move off pinks)
- Step 5: Begin stock buyback
- Step 6: Report Q2 numbers
(1)
(0)Iconic Brands, Inc. (ICNB) Stock Research Links
Words to remember "Investing is a Marathon not a Sprint"