ICQ 0.00% 53.0¢ icar asia limited

looks like someone wanted out, page-6

  1. 1,758 Posts.
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    penny,

    I think it is a case of the pot calling the kettle black to accuse me of not having a grip *lol*

    I bet the directors would have sold most of their shares (at these crazy prices) if they didn't know it would be a major disaster for the stock. They probably sold as many as they thought they could get away with without a major backlash.

    Don't get me wrong, I hope you do well with ICQ and I'd love to buy back in myself as a spec buy, but these prices are what I like to call crazy people prices (no offense if that is what you paid).

    Just because carsales have done well, doesn't necessarily mean that will transfer to Asia. I agree it is a good thing carsales have taken a sizable position in ICQ, but even they did it at something like 37 cents, not 80 or 90 cents.

    Let's see what happens in the next few weeks. I think the a share price in the vicinity of 60 cents is much more likely then 90 cents.

    DYOR



 
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