Investors need to keep focused here. I know the me
Post# of 3333
(Total Views: 334)
Posted On: 06/28/2017 11:27:06 AM
Investors need to keep focused here. I know the mentality in these boards is, "Only say positive things or else youll be attacked by other investors for bashing', but in reality, this is an investment board; not a 'Lie to me so i feel good' board.
ICNB's board is pretty receptive to critical thinking, so its not really a problem here. iFlubbers are saying uplisting is essential. thats simply not true. i believe many investors here are worried/not sure what to think, so theyre looking for anything 'new' to propel the share price upward.
from my experiance, the effects of uplisting is temporary. Yes, we get a nice PR, people say 'more exposure' (ive said it in other stocks), and we expect new investors to just pour in. the way it really happens most times is we uplist, nothing magical occurs to the PPS, and the price falls further because expectations were not met.
Heres SGLB i was invested in a while ago:
http://stockcharts.com/h-sc/ui?s=_SGLB&p=...2006006992
Notice the huge spike after the RS and uplisting from OTC to NASDAQ. It did no good. Price fell like a rock. And no, the PPS didnt jump from $1 to $9. It looks like that due to the RS.
if and when we uplist, requirements become even tougher. yes, new eyes will appear here but people who invest in the next tier have even more expectations and wont invest until they have proof ICNB will remain there for a year or longer.
its important to remain in reality. bashers on iFlub are not reality. 'apostle' isnt reality. constant crap from his mouth yet.. hes in the board posting about a stock thats 'going to fail'. makes no sense. dont fall for that crap. he has an agenda just like every other basher.
right now is a good time to revisit your original intentions when you invested here. did you invest thinking it would only go up? did you invest more than you can afford to lose? its simple to point out those who did because theyre the ones who freak out the most and blame everyone else except themselves.
in all, i could be completely wrong and i could have made a horrible investment choice, i sold the majority of my position here @ .015+ knowing the price would fall like this. Of course, at any time the PPS could jump to .10 cents or higher (this is OTC.. anything can happen). If that were to happen, would i be upset? No, because ICNB isnt my only investment. In the meantime though, i still believe we'll remain here until august.
i mentioned this May 25th..
https://investorshangout.com/post/view?id=4571587
In all, i still believe ICNB will succeed as a brand, but being an early investor can be difficult. We have 'investor brains' wanting profit no matter what, when it reality ICNB management has 'business brains' trying to grow the company. Once the company grows, investors will be rewarded; but again, it all depends on the company making the right choices.
ICNB's board is pretty receptive to critical thinking, so its not really a problem here. iFlubbers are saying uplisting is essential. thats simply not true. i believe many investors here are worried/not sure what to think, so theyre looking for anything 'new' to propel the share price upward.
from my experiance, the effects of uplisting is temporary. Yes, we get a nice PR, people say 'more exposure' (ive said it in other stocks), and we expect new investors to just pour in. the way it really happens most times is we uplist, nothing magical occurs to the PPS, and the price falls further because expectations were not met.
Heres SGLB i was invested in a while ago:
http://stockcharts.com/h-sc/ui?s=_SGLB&p=...2006006992
Notice the huge spike after the RS and uplisting from OTC to NASDAQ. It did no good. Price fell like a rock. And no, the PPS didnt jump from $1 to $9. It looks like that due to the RS.
if and when we uplist, requirements become even tougher. yes, new eyes will appear here but people who invest in the next tier have even more expectations and wont invest until they have proof ICNB will remain there for a year or longer.
its important to remain in reality. bashers on iFlub are not reality. 'apostle' isnt reality. constant crap from his mouth yet.. hes in the board posting about a stock thats 'going to fail'. makes no sense. dont fall for that crap. he has an agenda just like every other basher.
right now is a good time to revisit your original intentions when you invested here. did you invest thinking it would only go up? did you invest more than you can afford to lose? its simple to point out those who did because theyre the ones who freak out the most and blame everyone else except themselves.
in all, i could be completely wrong and i could have made a horrible investment choice, i sold the majority of my position here @ .015+ knowing the price would fall like this. Of course, at any time the PPS could jump to .10 cents or higher (this is OTC.. anything can happen). If that were to happen, would i be upset? No, because ICNB isnt my only investment. In the meantime though, i still believe we'll remain here until august.
i mentioned this May 25th..
https://investorshangout.com/post/view?id=4571587
In all, i still believe ICNB will succeed as a brand, but being an early investor can be difficult. We have 'investor brains' wanting profit no matter what, when it reality ICNB management has 'business brains' trying to grow the company. Once the company grows, investors will be rewarded; but again, it all depends on the company making the right choices.
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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.
Errors and Omissions expected. The writer of the above post accepts no liability or responsibility for any errors or omissions contained in the above post or contained within this Disclaimer.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties. These links are provided for informational purposes only and are NOT endorsed by the writer of the above post. The writer of the above post has no control over the contents of any linked website and bears no responsibility for the accuracy, legality, or content of the external site or for that of subsequent links.
YOU ACCESS ALL LINKS ENTIRELY AT YOUR OWN RISK.
The writer of the above post makes no warranties or representations, express or implied about such linked websites, the third parties they are owned and operated by, or the information contained on these websites.
The writer of the above post accepts no liability for any damage or loss, however caused, in connection with the use of or reliance on any information, material, products, or services contained on or accessed through any such linked websites.
There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
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