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means the MMs are short on shares so they have to buy some and sell them back to the person that wants to buy shares
Posts: 472 | From: FL | Registered: Jun 2005
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if the MMs get desperate to fill smoe asks, they will bump the bid up, usually follows witht eh ask being bumped. Or the MMs could be saving the shares they have for the PR so they can make a killing also, therefore in the meantime they will mirror most buys that come through with a sell so they dont lose any of their shares
Posts: 472 | From: FL | Registered: Jun 2005
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ah ok, so they just sell some of their stocks if for example i bought 300k, they would sell 300k?
Posts: 2329 | From: MD | Registered: Jul 2005
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uh, lets say bid ask is .0021/.0023. You want to buy 300k shares @ .0023, another guy wants to sell 500k shares @ .0022. The MMs will use 300k of the other guys shares to fill your order @ .0023 by buying them from the other guy for .0021 or .0022.
Posts: 472 | From: FL | Registered: Jun 2005
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CEO said PR this week so im not worrying about that at all this should rock and roll over a penny this week after the PR imho
Posts: 1011 | From: ct | Registered: Mar 2005
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hopefully PR wont be friday, tomorrow or thursday would be good so this thing rides up for the rest of the week
Posts: 472 | From: FL | Registered: Jun 2005
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yeah i'd like for this thing to just keep riding for the rest of the week with more knowledge put out there and more people buying in would be great for us
-------------------- I only trade Pennies because i love the risk!!! Posts: 554 | From: rhode island | Registered: Jul 2005
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I totally agree. I don't want the PR getting lost or forgotten over a 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
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Needs speculation buying this week up to like .0035 then the PR at the height to hit .005 tops... IMHO If that PR doesnt come at height we'll see a sell off later in the week. CEO said news this week though so I aint worried, just wait and get rich!
BTW- Where is the resistance @ on this one?
-------------------- Wide diversification is only required when investors do not understand what they are doing W.Buffet Posts: 565 | From: War Eagle | Registered: Jun 2005
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i dont know about the height at .005 im think over .01 with the news being as big as the ceo says it should be look at at any company with big news this week ssty etc there is a market out there these days and when news comes stocks fly its great and i think with more and more people hearing about icmh it will countinue to rise and then when all the side line peole jump in or exspeaically if a group jumps in we could see a dramatic rise but again thats imho we will see what happens but besides that point a great finish today i beleave a few solid buys at the end of the day to hold us up at .0023 another 10% added on today very nice looking forward to a good rest of the week good luck guys
Posts: 1011 | From: ct | Registered: Mar 2005
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good close guys, tomorrow we will be testing .003 with a close around .0025 hopefully, unless PR comes out then who knows where we end up.
Posts: 472 | From: FL | Registered: Jun 2005
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Fire Companies always give higher targets... .01 is very hopeful, and if it gets anywhere near that I should hope that most people are already out. IMO
-------------------- Wide diversification is only required when investors do not understand what they are doing W.Buffet Posts: 565 | From: War Eagle | Registered: Jun 2005
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I agree company always giving higher then projected exspections for there companys but the ceo said that he beleaves the company should be vauled at .08-.10 after or there soon after the P.R. if this is true or not lets say it only gets to a quarter of that that would still be .025 i just think selling below .01 would be stupid yeah you may make some money witch is great but i think its safe till atleast .01-.015 but that my opinon i wouldent be holding till .10 but you know some may some may drop at .005 but just my opion i beleave its safe all the way up to.015 now thats me talking befour the PR that could go up or down depending on the PR itself so good luck to everyone and jakeo i do apreciacte your opinons on this stock ( are you in on it )?
Posts: 1011 | From: ct | Registered: Mar 2005
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o i dont think it will hit .08-.10 next week i do beleave .01-.02 by next week though , it takes time for a company to grow and more then one PR to do so i think it will take some good numbers and revenues to reach .08-.10 do i think its possible hell yeah by next week i doubt it . But .01-.02 very possible all depends on how good the PR is
Posts: 1011 | From: ct | Registered: Mar 2005
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maybe the future is now for "telecommunications-related projects"
News from before:
To better differentiate our product lines, especially since we may invest in telecommunications-related projects in the future, we have chosen to identify our card offerings as ICM Network, and set up a separate web site at www.icmnetwork.com where consumers may access a broad range of services.
Posts: 2329 | From: MD | Registered: Jul 2005
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i meant to link that with the anger doug released on the phone call and said he had deals
Posts: 2329 | From: MD | Registered: Jul 2005
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Great work Fire and thank you again for the updated info!
Hearing the same info multiple times from different people only reconfirms my decision to buy in @ .0011! I may just have to add some more tomorrow!
I am excited to hear that the PR is coming out this week! I know that I have compared ICMH to ATCT before, but I think it warrants the comparison. ATCT has set up an ATM network in Asia and with ICMH having prepaid debit cards only makes sense that the two companies complement each other so well! ICMH manages the cards and transactions, and ATCT supplies the ability to use the cards!
ATCT stock went from .005 to .07 in just a couple days, so yes.... I think ICMH can do the same thing. The zero interest on the restricted shares is an AWESOME deal! The revenue they see the first couple months should be more than enough to purchase them back!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Fire, Five stars for you. I still cant believe that everyone is projecting that we are going to break and hopefully surpass the 52-week high. I put an order in for 22 before the close but it never got filled. I'll try again tomorrow
Posts: 858 | Registered: Jul 2005
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FOT... I just want to say that I've only been "playing" with penny stocks for less than a month now and have already learned a ton of lessons... but as I told my son this afternoon... until I learn a whole lot more, my new strategy is to watch and read everything that you post. I honestly believe that you are well educated in these matters and that you really want to help people as you do your thing. Thanks. FWIW, I just gave you 5 stars.
Firefight... gave you 5 stars also... thanks for the DD!
Posts: 157 | From: IL | Registered: Jul 2005
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Here is a tip for you.... a 5 minute phone call to the company and/or CEO can tell you mountains of info!
You can ask questions and listen to their tone and get alot just from that! I spoke with Jim Turek at PLNI back when it was .0028 (the first point that I bought in) and also with doug back when it was .0010! I received enough info from both to feel confident to buy large qty's of stock!
The CEO's of these pink sheet companies are just ordinary people trying to make a living by bringing a company into profitability, so they are very easy to talk to! FWIW, I won't hold a stock long term, if I don't speak to them!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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