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Icon Energy Ltd V.ICN


Primary Symbol: ICNOF

Icon Energy Limited is an Australia-based oil and gas exploration company. The Company has a 100% interest in, and is operator of, the ATP 855 tenement and the basin-centered gas resource that it contains. The Company’s ATP 855 is located in the Cooper-Eromanga Basin on the eastern side of the Queensland and South Australian border. The Company's tenements include ATP 855, PRL's 33-49, ATP 594, PEP 170, PEP 172, and PEP 173. PRL's 33-49 are adjacent to ATP 855 on the western side of the border, and both permits share part of the Nappamerri Trough. ATP 855 is located in the Nappamerri Trough, one of the six troughs within the Cooper Basin. The tenement covers the deepest part of the trough, containing the thickest sequence of Permian sediments in the entire Cooper Basin. It is within these sediments that a large, unconventional, basin-centered gas resource has been discovered that extends across the entire tenement. ATP 855 occupies a total area of 1,679 square kilometers (km2).


OTCPK:ICNOF - Post by User

Post by rappy7on Jan 12, 2012 2:57pm
287 Views
Post# 19397678

RBC is an idiot

RBC is an idiot

Whoever uses RBC (house #2) is an idiot. The guy has a ton of shares, and recently give us same story every day. Dump stupidly, without ANY forethought. If this person is using a living-breathing broker, that broker should be fired.

My favorite was this last trade (below), earlier today. Dropping the share price over 10% to
.19, throwing us out of the
.20s, and establishing a new 10-day low.  For the sake of selling an extra 1,000 shares!! (about $200 worth).

He depreviates the value of his entire investment by 10% -- and that seems to be a very substantial investment -- for the sake of $200.

This isn't Apple, idiot. Get it through your thick skull that ICN has LOW volume and adjust your exit strategy accordingly.

As an aside, ICN needs to make sure traders like these don't get their hands on more shares come the next PP.

       
 
 
  0.19 500 CDX 14:11:40 
001
002
  0.19 500 CDX 14:11:40 
099
002
  0.21 6,000 CDX 14:11:15 
001
002


 

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