Remember Iconix ? Well, I’d never have guessed it could fall so far, but the 85% plunge is nothing short of breathtaking. I mean, just…………wow.
Remember Iconix (ICON) ? I prattled on about its head and shoulders pattern (tinted in yellow below) so much that I got embarrassed mentioning the symbol any more, but I did “re-mention” it in this post from earlier this year. Well, I’d never have guessed it could fall so far, but the 85% plunge is nothing short of breathtaking. I mean, just…………wow.
This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
Comments
Log in or sign up to join the conversation.