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I wrote this yesterday in response to some private messages asking me why I was bashing this stock:
Independent thinking: that's something I respect and admire.
I'm not a market expert. I just like to invest in sound companies and hold, I'm not a short term trader and I don't like penny stocks. I think DGIV is an exception, being a very sound company. With that said, I'll give you my opinion.
Most of the people who started buying ICVI don't know *anything* about the company. I know that because of many private messages I received and even public messages stating boldly so. They just did it because Macker and Byron said so. The information on ICVI and Mountain Energy is non-existent to say the least. Besides, even them are playing it like a very very short term thing, and I strongly suspect there will be a wave of selling tomorrow before the close. And you know what happens when everyone rushes for the gates. Everyone will want to lock in their profits over the lond weekend (on monday there's no market), AND because we are expecting big news with DGIV for next week that may come any moment.
I read a few press releases of ICVI and just didn't like what I saw, call it "gut feeling". Any company can put out a press release saying they are worth $ 2.35. That doesn't mean anything. Of course, human stupidity and mass psychology come into play, which is why this stock actually rose yesterday and today. I think it will be very short-lived. Of course, I maybe wrong, so don't take my opinion as investment advice. If you want to buy ICVI go ahead. I prefer to make 300 % with, for example, DELL in a year (which unlike penny stocks is marginable), than with these dangerous momentum plays.
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