<<Obviously, ICGE has plummeted in the last 5 yrs. So have SCMR, etc. etc. during the "irrational exhuberance". The companies were irrational promises and the investors paid the price when reality hit--including me. It is now a different reality when BBBB states that revenue will surpass expectations. I like this reality more. I see no reason why the past irrationality should determine the businesses of ICGE. Indeed, imo, the current irrationality is that the past will keep the businesses and the stock down. I think ICGE is irrationally depressed because people think that past grandiose expectations are current ones. Performances of the companies will determine share price--
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Only have a minute here...waiting for appt any minute.....I hear what you say, but what you fail to see or realize is what I asked in my previous post...How exactly will BBBB's great performance help anybody but the insiders of ICGE??? How will that relate into profits for ICGE SHAREHOLDERS? How many times now has ICGE had a portion of a business that was doing very well..had turned the corner and was a success? Many...and what do they inevitable always do....sell it off......It's the same old song and thats why the street is not buying it....look at all the so called positives ICGE has done. Look at all the good news that has come forth on some of their core partners....yet the stock can't do anything.....Thats because most people already know what ICGE's Biz model is....They invest in companies and cash out with their profits when present....I simply do not see how that translates as being good for shareholders and the street agree's, as evidenced by the fact nobody will touch this company, no matter how many 'good things' they do or say.
I do wish all longs the best of luck and hope icge takes off bigtime for ya....I had bought a bunch at .20 ( pre-RS) and sold a bunch at .42 or so and had kept a bunch of free shares on the table for awhile...figured they were free, so I would wait and see if icge could turn it around and do something.....finally, I realized I just did not think it was going to happen, and if it did, it wasn't happening anytime soon, so free shares or not, the money was wasting away sitting in ICGE....anyway, good luck to all longs.....Regardless of fundamentals, we all know ANY stock can run ANYTIME for ANY reason, or no reason<g>...So, I sincerely hope ICGE gives the longs a nice run, or better yet a nice long term ride up....gotta run.... |