Unfortunately the response to the last announcement was terrible, so I am taking a loss and bailing out or at least selling half, I can't see what remaining gunpowder Idc have up the sleeve. The next announcement may do something or nothing, might just cause another selloff
I might try to trade the stock on technicals but that's about it. Overall I am up on Idc after previously trading it on technicals, so no real harm done, but yes a lot of disappointment from me.
Maybe I will wake up and feel differently, but my maths tells me that Idc is now only good enough as a barrack takeover and I don't think I can wait a year for that.
My real concern is the cap raisings and number of shares that will be on offer. 2 billion shares on a 4 billion dollars mine doesn't cut it for me.
Maybe Friday you will all be saying, I bet the captain is spewing.
They better come up with something by morning as I will be taking a few other holders with me. Expect some volume tomorrow.
Maybe the stock is manipulated, I don't know, but that sell off is unjustified and that makes me nervous.
I am in the market to make coin every day, not wait around.
You know I feel bad for everyone and I wish everyone all the best.
Unfortunately the response to the last announcement was...
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