I only trade on technicals apart from IDC because I had it on good authority from people that apparently knew more than me that IDC would be $1 pre xmas, that gold was heading to $3000 and ounce, that the materials sector was about to bounce thats why I bought the stock.
I couldnt give a crap about IDC or about taking a loss on any stock, I have other stocks and other places to put my money. These are nothing more than dumb monopoly cards to me.
IDC was a risk, it didnt hit $1.00 pre xmas, gold isnt over $2000, so if you claim that you know more than me, or more than the other IDC promotors then join the queue. Nobody spruiking IDC has been correct, not even me. As far as any of you know, the stock might end up at 1c. And by the way the materials sector is flat or going backwards, it was and is the worst performing sector.
How many times have I heard people say stuff like, I wont sell ELD at $23 because it might turn around and go back up. These people now hold a 13cent stock. Thats ELDERS, the biggest rural firm in OZ. You cant be afraid to dump stocks that are technically moving down.
IDC has not performed the way I was advised it would. People get mighty shirty when people stop ramping a stock on HC. I still hold some of this dog, which I could not dump last week, but I refuse to keep spruiking this spiraling dog unless it starts moving up.
No point getting shirty at the Captain, I didnt cause the price to tank, the selelrs aqre listening to anything I have to say, No point taking out frustrations on me, tell Promnitz, tell someone who cares or probably cares less than me.
I hate losing money, ABSOLUTELY HATE IT.
Remember I was told, just wait next announcemnt and it will go nuts, no just wait till the next one, then the next one, then the next one. Now we are looking at an 8cent cap raising.
IDC Price at posting:
9.6¢ Sentiment: None Disclosure: Held
