ICOCZ,... volume picking up

if 2900 shares on a day like this counts as volume. but the buyers are paying up for it.. folks even paid up to 24 bucks for the paper.. even though its nto paying dividends at this point.. some folks must think they will resume paying dividends fairly soon.. personally i give them one or 2 years for this.. just to resume paying. not to fully pay up for it all.

this name has now been in coverage since december 2004... and in hindsight i would have anticipated a resumption of dividend earlier.. but it hasnt happened. the stock has been extremely difficult to accumulte in this time but not impossible.. but i guess i wouldnt pay up 23 or 24 bucks.. even though intrinsic value hovers around 30..

think there will be a few more quarters where company announces no dividends on the paper. following that, its time to buy the paper from desperate sellers.