ICNB... obviously im not surprised with the financ
Post# of 1584
(Total Views: 286)
Posted On: 04/17/2017 10:43:39 PM
ICNB... obviously im not surprised with the financials. Ive been saying it for over a month that this release wouldnt be great. yes, im reading iFlubers saying how amazing it was but honestly.. its not that great. why would it be? its from 2016.
p.6 $20 million+ losses
p.5 $716 cash
im expecting 2017 sales to take care of these numbers.. but in time. its possible we continue to drop until may. im still invested and am not worried, but may sell some of my shares in order to reinvest in some other stocks as i wait.
there are signs of progress for sure. i liked the increases in sales and expect more sales throughout 2017 into 2018. But again, ICNB moves on filings, not hype.
Adult section. No whiners allowed:
As this is your investment, you need to decide what to do. im a serious investor and dont have time anymore to defend my posts. im fully prepared for the whiners about to tell me im bashing ICNB and that i shouldnt talk negatively about it. First, this isnt investment advice. Second, if youre here to only hear unicorns and rainbows.. you shouldnt be investing.
ICNB got its first red candle on the 3 line break chart since march 13. other indicators are showing sideways action/down; but who knows. we could skyrocket in the coming weeks; strange things happen in OTC all the time.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...5589369849
strict technical chartists would sell based on a number of things.
what i can say is the heikin says sell. i could lie and make the picture rosy, but numbers dont lie:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
CCI says sell which is something to not ignore:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...5379620743
But again, clearly understand.. selling at a loss = loss. You dont get money back with capital losses. if you think ICNB is going to succeed 2017/2018, selling would make no sense.
Not investment advice
p.6 $20 million+ losses
p.5 $716 cash
im expecting 2017 sales to take care of these numbers.. but in time. its possible we continue to drop until may. im still invested and am not worried, but may sell some of my shares in order to reinvest in some other stocks as i wait.
there are signs of progress for sure. i liked the increases in sales and expect more sales throughout 2017 into 2018. But again, ICNB moves on filings, not hype.
Adult section. No whiners allowed:
As this is your investment, you need to decide what to do. im a serious investor and dont have time anymore to defend my posts. im fully prepared for the whiners about to tell me im bashing ICNB and that i shouldnt talk negatively about it. First, this isnt investment advice. Second, if youre here to only hear unicorns and rainbows.. you shouldnt be investing.
ICNB got its first red candle on the 3 line break chart since march 13. other indicators are showing sideways action/down; but who knows. we could skyrocket in the coming weeks; strange things happen in OTC all the time.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...5589369849
strict technical chartists would sell based on a number of things.
what i can say is the heikin says sell. i could lie and make the picture rosy, but numbers dont lie:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
CCI says sell which is something to not ignore:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...5379620743
But again, clearly understand.. selling at a loss = loss. You dont get money back with capital losses. if you think ICNB is going to succeed 2017/2018, selling would make no sense.
Not investment advice
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
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