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
ICQ Price at posting:
76.0¢ Sentiment: Sell Disclosure: Held