Trading Summary - July 19. An excellent day for
Post# of 4333
An excellent day for $INCC with top full- time OTC market traders easily able to make $multiple 4-figures just by buying a few M at any particular price point whilst also keeping an eye on other running tickers and reload opportunities from the Watchlist - particularly $SFLM, $ENZC and $GTEH.
It was obvious that it was going to gap up to .0033 at the open from MMs on L2 but yet again incompetent traders failed to notice and / or cancel their asks under at .0032 and .0031.
So after initial .0033s were bought on the ask, new interest buying power was wasted on taking out the still not cancelled .0031s and .0032s.
Manipulators / shorters then seized the initiate and managed to take it down to .0025 but top traders hitting the ask were easily able to get the ask back to .0032.
As reported in various posts on the main board here, a $55K whale bid came in and - after a 10K holdback attempt was slapped repeatedly with multiple 250K buy orders, a short squeeze rip to .0040 hod within minutes took place.
Thereafter, there was much jockeying for reload / flip positions, with good trading opportunities for the rest of the day, only partly spoilt by incompetent traders putting too much (anything over 5M) on any single price point.
Overall, 785M shares were traded in the range .0025 > .0040 - the majority in the .0033 > .0040 range.
For those traders who think $INCC will eventually break .01+ - and I do - there was no excuse for not making good money all day whilst always having some shares for a breakout to .01+ at any time.
The CEO's latest podcast came out on June 2:
https://wallstreetanalyzer.com/2021/06/02/inc...pink-incc/
The company announced a new Twitter account for shareholders to monitor for updates:
https://twitter.com/INCCinfo
There were have been several updates recently - see earlier posts + company Twitter.
Watch out for further developments on Twitter and future PRs regarding acquisitions, distribution deals and uplisting.
Latest completely revised DD here - updated July 17, 2021:
https://investorshangout.com/post/view?id=6188216
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.