quick_wit. I do not envisage any significant year-
Post# of 4334
Those that specialize in the bottom end of the OTC market like I do see asks of 200M > 300M disappear in minutes on one stock or another every few days. Most of those do not have the relatively thin share structure of INCC or the real products already on the market or the obvious likelihood of continuous PRs throughout 2018 updating existing lines of development and no doubt some new ones as well.
I agree on your estimate of INCC getting to .0012 at least once relatively early in 2018. I also envisage several runs throughout the year - just like we had in 2017.
From Tuesday January 2, 2018 I think we will see more people buying .0002s in increasing quantities once they realize that even those at the front of the .0001 bid lines aren't going to get filled. We might also get some 1-tick flippers cancel their sell orders at .0002 as it is self-evidently going to run at some point.
Long-term followers have been through this before when the 1/2-tick flippers were gone within a few ticks and the ask thinned right down to 50M/20M/10M in the .0004 > .0010 range and was then much thinner above that.
Most of the several .0005 > .0009/10/11 runs we had in 2017 happened in minutes. The run that started in 2016 Q3 to .0033 took a few days but also allowed trading in .0011 > .0019 range for many weeks.
The 2017 Q4 results will be the first full quarter with revenues from a number of CBD products and I would not be surprised to see more orders for grow houses as the dealer network expands. Also, there is already a realty company looking for suitable properties in the real estate funding of mj businesses project and there is a digital marketing company already signed up.
All in all, there is way more going on in 2018 in terms of catalysts for updates than we had for the any of the previous runs in Q3 2014, Q3 2016 or the several repeat runs in 2017. Those that have built up their inventory of shares across the bottom few price levels can just sit back and relax and trade at leisure on all the surges whenever they occur in 2018. Those of us that were thinking ahead secured a significant proportion of the .0002s on the way down specifically to deny them to 1-tick flippers and make the .0003s thinner on the way up.
Those that follow my method of trading (described in detail numerous times on the DIGX board) have done very well in 2017 and should do so again in 2018.
International Consolidated Companies, Inc. (INCC) Stock Research Links
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.