GREY:ECCMF - Post by User
Comment by
birch1on Dec 03, 2010 7:48pm
302 Views
Post# 17799317
RE: Company Direction
RE: Company DirectionGood for you if that is the right news. I have thought of that far too many times. The problem is getting back in. I'd like a hit before christmas, but then again, Christmas doesn't matter, its what happens next year. The trading is thin, but I guess huge given the float. You might have sold your shares at
.185 today, and if everyone bought at that, then at the settle of
.175, means that someone took out their position for about $2700.00. That is, assuming it was all one position, but of course we all know it wasn't. It was a bunch of people selling off their 10,000 share positions to save $500 or so if it dumps
.05. I'm waiting for the update because you can't day trade in this. There it no volume really to do it and I believe there is more here than just a website. Buy in at
.15 and save yourself $6,750 if you were the only one that sold the 270K shares that sold and were bought today. Its not worth it if you miss the boat when it goes....if it does. I could be wrong.