I took it all as good news and good signs of things to come, too!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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sam, stop blame shifting. Learn to trade for yourself. There was plenty of time to make profits on this one since it was first posted, which means the post served it's purpose, even if it didnt go as high as was expected, yet. PLNI was all over the place in the last year too. That's the way stocks are, and it's up to you to decide when to buy and sell. You are obviously a puppet that buys what people post, rather than using your own judgement. One of the reasons that some stocks drop after they are posted, is because they are posted when people get wind of upcoming news. The important part that you are missing, is the fact that almost all of these stocks go up as soon as word gets out, but turn right around and drop again before news hits, because the news hardly ever comes when a company says it will, and people get tired of waiting. As a little time passes, the price goes up again just before the news does come out. You have to learn to play these ups and downs. Dont blame people for posting picks, blame yourself for not knowing how and when to play those picks.
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I feel like my Ameritrade steamer is just frozen in time. I hate it. Everything is just sitting.
I guess the whole hurricane thing is keeping volume down? I don't know, but I feel like it's a holiday and the markets are closed and I forgot to check the fricken calendar or something.
-------------------- You can't afford to risk, what you can't afford to loose.
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Ok, I'm even getting unhappy with the dip now! However, I will hold strong now that I've talked to a larger investment firm about their investment as well!
-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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I think its just slow due to the hurricane and Labor Day weekend. Things should pick up late next week. I would buy more right now if I had more in my account.
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Agreed Hamzat. Like I said about a week ago, I can see them timing the PR and new web site with the beginning of fall (and end of Q3, for that matter). So sometime in early September.
-------------------- You can't afford to risk, what you can't afford to loose.
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I was going to post charts today but I have decided against it. I planned to post them out of fairness (I posted charts when things looked good so I was planning to post an accurate chart when things look bad as well). I decided against it because I don't want to cause trouble and I don't want to be labelled a negative influence (even though I had planned to be accurate). Sufficeth to say, the charts don't look very good right now. IMO you are seeing the affects of a weak PR after people had been holding for more than a month on rumor of a PR coupled with the fact that some people may be selling to play other stocks that have been doing well this week. The ADX indicator I mentioned earlier is starting to look worse (selling pressure is growing stronger). I'm glad to see that ICMH made it back to the .0015 base.
IMO one of two things has to happen before this turns around.
1. PPS needs to fall to a level that investors can't resist (which could be in the .001 range).
2. A PR needs to come out.
I think that just about everyone here believes there are going to be more PR's. Will they come before PPS falls much farther? I hope so.
If people want to give me a hard time for being honest and accurate, so be it. I don't enjoy relaying bad news. I'm not going to do you all a disservice by blowing smoke or painting you a rosey picture. Hopefully it turns around and I can give you a better outlook soon.
In all honesty, I haven't bought back into ICMH yet because I personally believe it is going to fall further before it turns around. I'd rather see you all in positive territory than see PPS fall to give me a good buying opportunity though. If a PR comes out and I get left in the dust, that's the chance I am taking.
I hope this turns around soon for everyone holding ICMH. I know how you feel. I was right there with you a week ago.
-------------------- 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.
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It's ok JDog. The chart isn't near as important as the PR. When it is released it won't matter what the chart says. Hope you can get back in on the low. Good Luck all.
-------------------- It's only money..We'll make more tomorrow!
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JDog - The difference between What you say and what others say is that you're not commanding anyone to do anything, you're just posting observations.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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Thank you lushka. I realized very quickly that people need to be encouraged to manage their own accounts. I try to give accurate info and let others decide what they should do. Anyone who would tell you what to do is more than likely trying to make a profit off of you.
-------------------- 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.
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quote:Originally posted by vwcruisn: also.. when the chart looked "good" nothing really happened... if anything it went down :\
When the charts started looking good, PPS swung from a low of .0015 to a high of .0025 in 2 days
-------------------- 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.
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Wow, quite a day! Hectic day at work, didn't get a chance to read the post at all:( Just saw the pps dip lower and lower wishing I had more funds to put into it. Bowlegtroy, that was an incredible interview, Thanks so much for posting it and for all of the time it must have put into it. It def. boosted my confidence.
I suspect tomorrow will be pretty slow due to the holiday weekend, Tuesday as well. Hoping Dougy gives us a little PR next week.
I appreciate your honesty Jdog006! It is good to know there are people on this board you can trust!
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Thank you MissP for your vote of confidence. I really hope Doug comes through with a more substantial PR soon.
-------------------- 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.
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jdog006 is right about the fact that nothing in the charts look good (except a couple things).
The 50 day MA is crossing the 200 day MA as we speak.
The umbrella that formed today indicates that sellers mostly dominated trading during the day and they were able to drive the prices lower during the day.
However; buyers resurfaced at the end of the day and they successfully pushed prices back to the opening level and to the day high.
Umbrella has the potential to signal a bullish reversal at the bottom if it appears after a long downtrend, long black candlestick or if it is seen at a visible support level.
I see this as the "visible support level" and I feel that this has to do a lot with the extremely low volume. Like most everyone, I see this turn around probably at the earliest tomorrow but more likely on Tuesday or Wednesday.
All I can tell you is that I have every single share of mine and plan on keeping it till this hits at least .01. Grab as many as you can at this price!
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one indicator that does look good is the Williams%R... It is showing oversold,and can't remain their indifinitely.
This is pink sheet trading at its best. Buy the stock when no one else wants it and when things turn around, everyone is begging for your shares... but I am not giving it to them for awhile!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Thanks Jdog for your insight. However, this is only for short term. I think we all agree that this should be good in the coming months. So some might want to get their money back and play other stock, that's fine. But I'm here to stay even if it takes many months. I figure I will make more money than if if stayed in the bank.
GLTY, I hope you make some money on your other plays and come back with us before it takes off.
-------------------- Good judgment comes from experience, and often experience comes from bad judgment.
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