In mid-January, IC Places, Inc. (PINK:ICPA) reached its lowest market value in six months. Today, one hour into the current session, ICPA is riding on the charts in pretty much the opposite direction.
Indeed, the shares of IC Places, Inc. soared almost immediately after the multi-media entertainment company revealed to have signed a strategic partnership agreement with EzVip.com, thus allowing its corporate website visitors to have direct access to ‘the hottest night clubs and best events around the world.’ As a result, ICPA stock doubled its market value in just under an hour as seen on the intraday data for the current session. More than 25 million shares of common stock changed hands for the same time frame.
By comparison, ICPA went down 14% yesterday churning out a turnover of approx. 34 million.
As it seems, ICPA is more than likely to perform even better than it did on Tuesday when the company’s shares gained a staggering 108% coming in at $0.0104 on an 8-week high volume of 49.5 million. However, there were no official news to justify ICPA’s spectacular market run on Tuesday.
By all accounts, ICPA appears to have formed a steady upward trend attempting to make up for lost time. Yet, exactly how long investors will be able to take advantage on it still remains a question of utmost uncertainty.
