As if traders haven’t suffered enough with VKMD, you would have to be a Psycho to buy shares in International Card Establishment (ICRD). The e-commerce focused Company hasn’t issued news in over a year, and with a history of 3 minute winners, the king of “gap-ups and crashes” is showing traders the same thing with ICRD stock today. The penny stock touched the sky before the bell stopped ringing and is screaming towards earth like an asteroid with the exact same chart pattern of every penny stock alert issued over the last six months.
Our New Alert Is Set For Mid-September! Click HERE To Make Sure You Don’t Miss It!
ICRD Stock Chart
Market Cap: $118,383 a/o Sep 06, 2012
Last1:41:02 PM : 0.031, up 0.0277 (839.39%)
Volume: 4,997,648
Dollar Volume: $445,492
High: 0.1995
Low: 0.005
Trades: 636
Average Trade Size: 7,857
Authorized: 100,000,000
Issued and Outstanding: 35,873,703
Looking for Hot Penny Stocks?
Click here and get Alerts on the Best Penny Stocks FREE
At the very least, I.C.E. Merchant Services does have revenues which are respectable. For the three and six months ended June 30, 2012, the e-commerce company reported net revenues of $692,749 versus $684,369 for the three months ended June 30, 2012 and 2011 respectively. For the six months ended, net revenues came in at $1,333,196 versus $1,403,657 respectively.
Regardless, anything that Psycho touches turns to ice for traders after the first 5 minutes of trading. Does it matter, no because the main domain name and the tens of thousands spent on PPC ads allows penny stock newsletters like theirs to burn their lists without care since the losers will be replaced before the sun goes down with new followers.
About ICRD Stock
International Card Establishment, Inc. is a provider of credit and debit card-based payment processing services and Gift & Loyalty products to small merchants. As of June 30, 2012, the Company provided their services to thousands of merchants located across the United States. The Company’s proprietary Gift and Loyalty product allows merchants to issue custom branded gift and loyalty cards.
Bottom Line: ICRD may be the #2 traded penny stock today, but it falls right between perfect company: the pump and dump of APS and the fleecing scam of TBX. Trade if you will, but there is an irony as to why ICRD stock’s website is called I.C.E.
Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter
If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)
ShareSEP
