Two sides of the coin here...
Those of us that loaded up in the early days across this sector as a whole have done well...
Those that bought in around the .50+ mark did not wait 7 years like a few of us did to take some profit off the table.
Some win/some lose...
I just think about a few other gold specks I have been on and lost... you don't want to know how many BHP I once owed at $9 and sold off at $10 thinking I made a killing... RIO Tinto options I was given the chance to buy when I was working for them... etc, etc, etc... sad stories an market road-kill..
ICN is no exception to the rule. No stock is
The share market is a two-way street. Someone always has to lose out for someone to win. Just depends on your stomach and pain threshold on taking a loss. Most do not take it well. I took a haircut on PIE a few weeks back and I did not like it... after 15 years of trading, it still hurts.
ICN this year is at make or break. Look at others in this sector and how well they have boomed and bloomed.
How much is enough?
I will gladly see .50 again... as it is much better then .17 and those who paid higher then .50 at least get some capital back.
Still, after sitting in the AGM, I think the pie in the sky estimates that I heard bandied around from management, .50 would not even be considered.
RJ knows his time clock is running low an near empty. Others I feel are circling his boat but he certainly is foxy and can play the game well.
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