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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: hdl who wrote (3807)11/19/2004 3:38:06 PM
From: im a survivor   of 4187
 
<<a lousy week for icge>>

LOL...have you looked at a 5 year chart, or even 2 year chart?

ICGE has done nothing but fall since it's heyday....then after reaching it's bottom, it simply flatlines and stays in a trading range....LOTS of money lost during the BIG fall and then it simply became dead money as markets moved nicely, but icge just flatlines and does nothing....

I hope ICGE ends up being succesful, but even I sold my shares quite awhile ago..and they were 100% free due to a little trading off the .20 lows ( presplit) and my plan, since they were free was to let them sit for years and see what happens...but bottom line is free money or not, it is still money that could be actually working for me instead of sitting and doing nothing, so thats what I did...I sold, and what I bought with the icge proceeds is up 78% since I sold....so no regrets.....The street does not like icge and the small retail investor is not going to pile back on and cause this to fly.....somehow, ICGE has to impress the street eventually so the big boys will want back in..if that doesnt happen I just dont see icge doing much....the insiders will get rich, but what will happen to shareholders....seems like for 3 or more years now we ahve been hearing about all the positives icge has done to help ensure success, very nice results from their 'partner' companies...and what has happened during this time all this good stuff was happening...a Reverse split and more downside and long term flatlining.......the 5 year, 2 year and 1 year charts all look ugly....but, if icge somehow can pull a rabbit out of it's hat, then who knows....but TA/FA show this to be dead....what will bring it back to life?
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