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Microcap & Penny Stocks : ICCN (Integrated Carbonics Corporation)

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To: FARRIS who wrote (133)5/23/1998 9:37:00 AM
From: Alan Whirlwind  Read Replies (1) of 193
 
This sounds like pump and dump to me. I find this sort of thing very disturbing. Work up the investors so you can ease out at 4 5/8 or 4 3/4. ICCN did close Friday with a gain, but one can readily see it went to 4 7/8 on the second heaviest trading day in the last month to a low of 3 5/8 a couple days later when the "news" proved to be rumor spread by the company itself. One more instance like this and I'll take my profits and move on. On the other hand, consolidation of recent price gains was probably in order. The company just shouldn't have been the catalyst for it. --Alan
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