posted
I own some shares of this co and don't want to step on toes or second guess anyone, but here something I've noticed about small companies over the years. As a CEO, when you worry about the performance of your stock, you pay special attention to timing PRs and what the average short term shareholder thinks about your co stock so you can make a quick buck. When you own a co that comes up with a great product or service, you begin to care less about what the daytrading community thinks and more about getting your product/service ready for the CONSUMER. History of business tells you: do a good job developing the product, do a good job making it appealing to the consumer and then the revenues will come. With the promise of good revenues will come stable increases in PPS. I think at this point, the CEO is more interested in making the product ready and looking good for the consumer. That way it will be successful and will lead to a profitable venture. Everybody wins. Just my two pennies.
-------------------- early retirement...one penny at a time. Posts: 111 | From: Southeast | Registered: Jul 2005
| IP: Logged |
I've seen what a "bad" company does - multiple R/S followed by lots of dilution. And always lots of smoke and mirrors and talk talk talk.
I don't see any of that here. And I am very happy that the stock is sticking to this range.....Yes, it is boring, but I'm not loosing anything. And I'll hurry up and wait for the day it pops. That's the game!
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
I have a similar sentiment - If there is no PR (or if the PR is marginal) next week, I will exit with minimal loss and make money elsewhere.
On the other hand, I am willing to hold my position for very long term, possibly withdrawing some living expenses occasionally.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
| IP: Logged |
posted
By posting when I may pull out, I am in no way suggesting when anyone else should. We should all make that decision independently. Even though we are all here to make some money, we all have our own agenda and train of thought as to how that can be done.
Even if I do move on to something else for now, this stock will continue to be very high on my radar.
Posts: 38 | From: British Columbia, Canada | Registered: Aug 2005
| IP: Logged |
posted
yeah let's hope. I have a bad feeling about it though. Doug obviously hasn't called FOT back. He's not returning e-mails either. If he had something good to say, why wouldn't he just tell us? You guys all have a good weekend. Next week is either going to be real good or real ugly.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
becuase he has to disclose information like that in a public capacity. If the PR mentions anything about the company's profitability or financial activity, it has to be disclosed to everyone at the same time (i.e. through Biz wire, etc.).
The most he can tell any one person on a cold call is that there is something on the way.
That's it.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
He can tell us when it is being released he just can't tell us what is being released. When is all we want to know.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
Remember, Martha Stewart did jail time b/c she was told about the contents of a PR from a broker who got it from a CEO a couple of days before the CEO released it in a PR publicly.
If he tells you, and you tell us, and we sell, what's the difference?
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
posted
We aren't asking for contents we just want to know when is the damn thing coming out.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
Good point Jdog, but look at our behavior - he says it will come out Wed or Thursday, and he's a couple days late, and look what we do:
we sell, or talk about selling. That's bad.
As the CEO, I wouldn't make any promises to provide info on any specific day if I know my share price will drop if I happen to take another week to get it out.
Remember - it's August for this guy too. And he probably has kids and everything. He doesn't want to create any unnecessary deadlines for himself any more than you or I would.
I promise, I'm not trying to defend the guy - I wanted the darn PR today too. But I just want to keep put it in perspective.
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
| IP: Logged |
quote:Originally posted by JIF: Good point Jdog, but look at our behavior - he says it will come out Wed or Thursday, and he's a couple days late, and look what we do:
we sell, or talk about selling. That's bad.
He is not a couple days late. He first said the PR would be out next week back in July. At this point I think anyone selling is justified.
-------------------- If you made money, it was a good trade Posts: 453 | From: Cleveland, Ohio | Registered: Apr 2005
| IP: Logged |
posted
i dont think we are getting **** on monday i'm just going to wait and wait and wait until we do i'm not getting my hopes up ever again. Unless someone hears from Doug and he says its coming ..
-------------------- I only trade Pennies because i love the risk!!! Posts: 554 | From: rhode island | Registered: Jul 2005
| IP: Logged |
posted
I just called doug, The line was picked up, it sounded like he was talking to someone next to him or on another line, I heard him say "O.K. so I'll be here on Monday and..." Then he hung up the phone on me. I don't think he even put his ear to the phone. I don't know?? Just thought I'd share that with you. I just wanted to ask him if news was going to be released on Monday but I didn't get a chance to. Good luck Monday everyone.
Posts: 239 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
Let's just hope for Monday. Look at the charts this thing is sliding. It hasn't taken a nose dive yet, but a lot of us who got in at 20+ are screwed right now. If something doesn't come soon, watch for that nose dive to happen and then we'll all be bag holders. I'm not speaking for anyone else, but even FOT said he would give doug "a couple days past Thursday". By my count "a couple days" will be up Monday. If I weren't already in this stock I wouldn't be putting money on it now. We are heading into our 4th week with no light at the end of the tunnel. At this rate ICMH is just as likely to slide to .001, as it is to go above .002. Everyone has contributed with DD and been as patient as possible. This is turning out to be a big disappointment and there is no one to blame but myself for buying ICMH and doug for failing to deliver.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
That is just as sh*tty as possible Hamzat. He's even stopped saying "no, sorry" before hanging up. I think he's an a$$ and he's treating his investors like crap.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
Your right jdog, I didn't get upset though, some people just have shi**y attitudes. To be honest with you I don't care how Doug treats people, I just want ICMH to do well so I can make some cash. I just hope his employees are a bit more friendly to keep his customers satisfied.
Posts: 239 | From: Michigan | Registered: Aug 2005
| IP: Logged |
posted
me too, Hamzat! I am holding this thing til i profit...I am way to stubborn at this point to take a loss!
Posts: 416 | From: ME | Registered: Aug 2005
| IP: Logged |
posted
Anyone else use Choicetrade. They must have screwed up their clock when they had server problems this morning. It says 3:05 PM EST. I just noticed it.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
I don't have a lot, 220K. There is no way that I am going to get out without taking a loss if we don't see a PR.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
Have a good weekend everyone. I'm gonna put this frustration out of my head. It will ruin my whole weekend.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur. Posts: 820 | From: Phoenix | Registered: Jul 2005
| IP: Logged |
posted
i think many of you need to relax...assuming you bought at 23 thats around $500...im down over $1000, if any of you are worried about loosing $100, please sell now and stop posting here (not talking to you jdog)...
imo i think the people yelling SELL dont have much in this, so please...i wont say it
Posts: 2329 | From: MD | Registered: Jul 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
