**posted March 18, 2004 12:39 "Free For All"
IBFV, formerly ICY symbol!
Haven't looked yet to discover why
the symbol change.
This is a stock with poor fundamentals
and very low volume. Lot of risks, not
a value stock, certainly. Normally this
would be a very poor stock pick.
Just about ready to buy a little bit
based on seasonal speculation.
Know what they do? ICY! They are an ice
vending machine company in New York.
What's the weather like in New York?
What will the weather be like in New York
in a few more months?
Very seasonal stock.
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**
I have ICY down as red ink losses, sales
increasing and losses increasing. They are
in a cash crunch and need venture capital.
Fundamentals are really bad.
Volume ranges from zero to twenty-thousand,
typically. This is a stock in which you
could become stuck with such low volume.
Charts suggest seasonal swings but they
have not been in business long enough
to establish a clear chart record for
summer uptrends.
I expect ICY to continue to fall to at
least fifteen cents to ten cents per.
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