ICQ 0.00% 53.0¢ icar asia limited

When I started this thread 3 weeks ago, it was very a...

  1. 169 Posts.
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    When I started this thread 3 weeks ago, it was very a straightforward BUY at $0.63. I'm already up 27% and that's just a start IMO. Baillieu brokers gave a target price of $1.35, which I think is an underestimation of this stock. My opinion is, if you are looking for a short term profit a) you should've bought this stock when it was around low $0.60s, b) buy up to $0.90 and set your trailing stop loss 30% below your entry price, wait 'til the first quarter 2016 earning results, if favorable BUY more, if they need a capital rising SELL however if you are looking for a long term profit, I think the company speaks for itself, it's definitely a BUY and hold 'til it reaches record highs in the next 3-5 yrs. I always say, ICQ has more potential than Carsales has ever had!
 
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Currently unlisted public company.

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