ICR 0.00% 1.2¢ intelicare holdings limited

Invest did you re-enter at 48 cents in the end? I am speculating...

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    Invest did you re-enter at 48 cents in the end?

    I am speculating that the market may crash sometime between Thursday this week and Monday next week. I think Trump may announce sanctions on China for their legislation on HK breaking the deal the UK made for one country two systems.

    I think next Friday 5th of June we could be looking at numbers we saw in the initial crash or worse. I have sold out of nearly all of my positions and will be looking to buy BEAR ETF's about midday tomorrow to short the S&P and the ASX.

    I would look at buying into this company at a lower price close to the IPO. I like the companies business and think they have a good leadership team.

    If they were going direct to market then I would not be keen as I do not think that older people would like to know they are being mointered 24/7. However if the leverage through care providers, governments and insurance companies then they may get some good contracts.

    I do think though that people are getting more and more concious of all of their data being monitered 24/7. If data fell into the wrong hands you could even have criminals using it to see if someone was home or where the elderly live. I am sure they have good security but even today the top universities and even the govermnent departments get hacked.

    All in all I think this could be a good punt if it drops down next week. The Management and the business model are stronger than I think the product potential is and that can get them quite a way. I could be completely wrong though these are just my honest thoughts.



 
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