I appreciate how hard-nosed you are about The Facts & Fundamentals, makingmoneynow. I like to think I am as well, certainly when I first select a stock. But I will admit to this, that I also consider the degree to which a stock will capture the imagination of investors, how well they will understand and embrace the fundamentals. If we can get a feel for that, we can plan for capital preservation, we can anticipate the stock's trajectory, understand its current price and, for some, decide on a trading strategy. (I don't trade these juniors, I hold 'em..)
But make no mistake, I have to "get it" before I'll consider whether others will get it. If the fundamentals aren't there then include me out no matter what the public thinks. Intertainment Media, V.INT, is a case in point. Investors ran with that one but I couldn't buy it. I just couldn't see a path to substantial revenue. In just over 18 months, the market, in its exuberance, drove it from 8¢ to $3.35 and then back to its current price of 14¢. For me, there's got to be some real reasons to buy the stock.
About warrants finally coming out, I have always felt that if the participants in a financing immediately sell their stock for a small profit, as most did, then we can expect more of the same when they can get a small profit on their warrants. Although we don't like to see the selling pressure, it nevertheless puts cash in iCo's coffers and that buys time until deals get done. Besides, I'd rather see that stock come out now than to see it cap some good momentum at higher prices when the stock has a real chance at a breakout. I expect that we'll see that breakout at 10:07 EST on December 11, 2012, plus or minus 2 weeks or months.