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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » ICAN in review! All DD! (Page 78)

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Author Topic: ICAN in review! All DD!
ACKCANE
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"Ed is buying property and restraunts on the cheap"

Define cheap?

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NomarKash
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No volume yet, fantastic.
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Leardron
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Is ICAN finally waking up from it's long nap? We are at .0002 on the Bid and .0003 on the ask, at least for a little bit.
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ACKCANE
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really? I've had a sell order for .0002 for a few days now!
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Leardron
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quote:
Originally posted by ACKCANE:
really? I've had a sell order for .0002 for a few days now!

It's back to 1x2 now but there are like 6mm's on the bid at 1 now. I think it's going to take a little while to get past .0002 but once we do it should be okay.
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mikensay
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Hit .0003 Finally..

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It's choice - not chance - that determines your destiny.

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nyinvest
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Soooo... we are at .0003 and the .0002 sells aren't filling ??
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Leardron
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quote:
Originally posted by nyinvest:
Soooo... we are at .0003 and the .0002 sells aren't filling ??

That's becauset the bid is still only at .0001. It's 1x3 right now.
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stockaholic
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My 1.7 mil sell went through at .0002 just a few minutes ago. Just had it up to see if there were any takers
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nyinvest
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That would do it.

Hell, Ameritrade is still telling me it's at .0002.

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NomarKash
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quote:
Originally posted by NomarKash:
No volume yet, fantastic.

Vast improvement in the last 3 hours.
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mikensay
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Hopefully this is a precursor to tomorrows Memphis deal closing. Maybe we can see the ungagging as well.

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Mack
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looks like a possible uptrend comming bouncing .0002-.0003

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Bank It....

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bmaxingout
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holy smoke i see a three
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Leardron
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The word is that Ed will not ungag the TA until after the close of the market on the 29th. This is probably a precursor to that.
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bmaxingout
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quote:
Originally posted by Leardron:
quote:
Originally posted by nyinvest:
Soooo... we are at .0003 and the .0002 sells aren't filling ??

That's becauset the bid is still only at .0001. It's 1x3 right now.
sure beats n/a x .0001,.....lol
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bmaxingout
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this could be more than a precurser this could be what happens when the mm's cant shake us out
And I'm still holding.We will see

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stockaholic
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quote:
Originally posted by Leardron:
The word is that Ed will not ungag the TA until after the close of the market on the 29th. This is probably a precursor to that.

Hey Leardron was that something that actually came from ED or just the "end of month" ungagging rumor that's been going around.
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Leardron
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quote:
Originally posted by stockaholic:
quote:
Originally posted by Leardron:
The word is that Ed will not ungag the TA until after the close of the market on the 29th. This is probably a precursor to that.

Hey Leardron was that something that actually came from ED or just the "end of month" ungagging rumor that's been going around.
yep, that came from Ed's mouth.
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stockaholic
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awesome!! guess I shouldn't have tested the .0002 waters this morning. Bought those at .0001 so oh well. hope this is the beginning of good things. Still holding 6 mil
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NomarKash
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Food for thought - since the Ramada should be officially IBAC's tomorrow....

Did anyone know that IBAC bought the Memphis Ramada Inn from CRIMII MAE (CMM on the NYSE) - a commercial mortgage company from Maryland that is structured as a REIT. The property is appraised at $2,876,100. IBAC bought it for $1,725,000. I wonder why CMM sold it. Their portfolio is comprised of 16% hotels from all over the U.S. If this is in a "prime" area, close to the Memphis airport and graceland, it would seem to me that this is a good thing for CMM to have held on to.

Your thoughts?

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Leardron
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quote:
Originally posted by NomarKash:
Food for thought - since the Ramada should be officially IBAC's tomorrow....

Did anyone know that IBAC bought the Memphis Ramada Inn from CRIMII MAE (CMM on the NYSE) - a commercial mortgage company from Maryland that is structured as a REIT. The property is appraised at $2,876,100. IBAC bought it for $1,725,000. I wonder why CMM sold it. Their portfolio is comprised of 16% hotels from all over the U.S. If this is in a "prime" area, close to the Memphis airport and graceland, it would seem to me that this is a good thing for CMM to have held on to.

Your thoughts?

they might not be into restoring and rebuilding properties. They probably just buy them and run them till they are not profitable enough and then sell them. IBAC is in the business of buying good potential properties, restoring them and making them vital again. The guy that runs Ed's Hotel line has multiple years experience in revitalizing properties like this.
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NomarKash
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I'm heading down to Memphis today for business. I will try to stop by the Ramada to check it out. I will keep you all posted.

Let's see just how much in needs to be restored and rebuilt.

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nyinvest
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Got a partial fill at .0002

At least we have proven that ICAN wouldn't stay at .0001

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nyinvest
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Whoaa... just flushed 10M @ .0002 all at once.
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TraderTom
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Yep, something's up - over 100M shares being bought at 0.0002 in past 1/2 hour - all at ask!
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bmaxingout
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more food for thought, wonder if the mm's realize that after the closing and the release of the gag order they just might have to cover. we could see that squezzzze sooner then later.


any ideas on that anyone

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ACKCANE
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THe volume of ICAN on my Ameritrade account just went down by 20 million!?!? How does that happen?
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Mack
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no i still see it @ 492496.6k

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Bank It....

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nyinvest
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I really don't know what to think at this point. I just feel better seeing that 3 today and seeing that some "regular" people got sold out at .0002.

I think this will be a good company. I'm expecting a R/S sometime in the future, but I'm not dreading it at all. I think it will be a good thing for the company and a good thing for the PPS in time.

As for that sale I made today, that doesn't really mean anything overall for me other than maybe some regret should this stock hit .03. I've still got a ton of this stock and haven't ruled out the possibility of buying it back at 1 before this starts it's move up.

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Mack
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ok i just saw the vol pull back 2 m

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Bank It....

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Mack
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492m to 490m

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Bank It....

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TraderTom
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I also got a fill at 0.0002 (twice today), but have plenty of shares left and will hold on to them.
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TraderTom
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Ask is back at 0.0003 ...
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Mack
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i like seeing green for a change

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Bank It....

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