Pie let me sum it up like this, my grandfather was born in 1887 and came to America in 1911. He lost much money in banks and stocks during the Great Depression. He had a great saying that was very true for the time "do not believe anything you hear and only HALF OF WHAT YOU SEE". I think he would rework that statement with today's techniology to "DO NOT BELIEVE ANYTHING YOU HEAR OR SEE"!! Think about it!
I too have friends who have had discussions with Greg about the performance of IDC. The majority opinion is that he talks the same ROSY LINE WE SEE IN THE REPORTS. Also he has no proof that is statements are true, their feeling is that he is living in a fairyland or a HE IS A SNAKE OIL SALESMEN.. Let's hope He listens to PIE!!
I totally agree with you Pie. It was next year, than next quarter, now Luke and Jack are talking four more years. This just affirms that the joke is on us.
We will see ZERO before we see $1.00! Can not even sell blocks over 10,000 shares in the mid to high 0.30s. ABSOLUTELY ZERO BUYING INTEREST, Sorry but enough information is out on IDC to move the price. Unfortunately investors see through the Rosy empty promises of GA and his fake staff!
Luke what has the reports done for the performance of the IDC stock price? NOTHING!!! What has all the promises and Rosy projections done for the IDC stock price? NOTHING!!! That is PATHETIC! Those of us that bought this song and dance from GA and management for YEARS are the pathetic ones. Everything that you mentioned are just a restatements of managements rosy statements. But done have been factual enough to Impact the stock price. GET REAL
You are right it is PATHETIC how management is treating us! Even mushrooms get more attention. Management and Greg just sucked us into Buying IDC stock with ROSY STATEMENTS and we were not bright enough to see that the statements were non factual. Pathetic is that so many still buy this management BXXSH.
Sorry Luke, but 10,000 shares sold at 0.30! BAD, BAD, BAD NEWS COMING OUT Of CHINA. HillBilly would have a field day with us fools, if he was still around. I think he just gave up on us as to DUMB TO JOKE WITH ANY MORE.
Jack explain why the stock is dropping with NO VOLUME. Also with the spread being 0.30 bid to 0.38 ask, sure does not SHOW any interest to BUY unless you really dig deep. All of this is a different SIGN THAT BAD NEWS IS COMING. I think you could buy very large blocks in the low 0.30s, but it will take a COLD DAY IN HELL to sell any large blocks In the 0.40s. GREAT SIGNS THAT TEARABLE NEWS IS COMING AND WE ARE STUCK WITH OUR LARGE BLOCKS Of STOCK. I say it again buy us out Greg, do not burn us with a reverse split. At the price of the stock a reverse split is a HIGH possibility
IDC stock price drop is caused by Chinese Government Nationalizing all industries in the country! TRUE OR FALSE? More likely true at any time.
Where did you READ THAT INSIDERS ARE LOOKING FOR $30?? If they really believe that $10 is possible, they could buyout most, if not all, of the out standing shares for $5.00 or less. Come on Luke should we start calling you GREG ABBOTT!!!!
Sorry Jack, but I prefer to believe Luke's $3 to $5 in three to six months. You may be more correct but Luke's prediction would make us really jump for joy.
Today's tradeS still looks like OLD INVESTORS NIPPLING at the stock. If this is true their not to bright. GA has not shown any CONCRETE FACTS!! Since, we can not sell any size able block of stock without going to 0.30, we simply put stuck with our stock.
Luke, After reading your last comment and Hair Pie Face last comment, it appears that the occasional buying is the same old investors. We do not appear to have any NEW investors. To say a person is SMART to be buying now is very questionable. Until I see a major order, major revenue and some earnings, I would say buying is NOT a smart move. Let's not say your dumb, but are taking a very HIGH RISK TO ADD TO YOUR IDC STOCK TOTAL. I feel that GA has information that can be release good or bad.
We agree Hair Pie Face, BMO owns 116,623 IDC shares. At purchase price of $45,000+/-, if they were high on IDC you would see an increase in buying by BMO. If their assets our $5.4 billion, IDC makes up .approximately .00008%. They probably have no idea they even own any IDC. I think the high school delivery boy entered the wrong symbol an purchased it by mistake.
No, I am waiting to buy at 0.30 or less! JUST JOKING I AM JUST SITTING PAT AND WAITING. I am not greedy. Do not have a lot of money to invest in spec. presently sitting on around 90K shares or 15% of funds. Besides 18+ years of holding IDC has not given any reason to buy more. Let's face it, IDC has looked like a dead horse or at least very sick horse over the years.
Really! You maybe the buyer and probably will be able to buy more IDC shares cheaper very soon. But the smart guy maybe the SELLER, BEFORE WE SEE IDC AT ZERO. For any transaction there is a buyer and a seller, the only question who is right? At the past time it looks as if the seller is the winner.
Correction, it appears that the wise investors feel that selling at any price (low price for larger blocks of stock). Rather than waiting around for zero or for IDC to go under.
Well we better hope GA is on the up and up, because you cannot even SELL a large block of IDC at the asking price. Even at the bid price large blocks do not move.