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MyECheck, Inc. MYEC

"MyEcheck Incorporated is an early stage company, engaged in the payment processing industry providing electronic check services to merchants, payment services providers, financial institutions and other government entities."


OTCPK:MYEC - Post by User

Post by spstockson Jan 04, 2015 1:18pm
207 Views
Post# 23283907

Weekend summary of MYEC...

Weekend summary of MYEC...With the anticipated news and PRs about the upcoming events, the investors were ready to buy in more and get ready to take off with the launch and be profited. Few non-believers were also making their minds to believe that it is going to put some value to their portfolios as the PPS is cheap at this point. There was a positive momentum started until some one tried to show off their muscle. Be it weaker hands or competitors who would not want the stock price to take off, started selling at much cheaper price to just create panic and dumped millions of stocks into the market. Some loose hands would have gone through panic and sold theirs. Although, the intention of huge dumpers seemed to be bringing it below 2 cents, it could apparently floated above and MYEC showed its resilience against such threats. Iam not saying this just because i am a follower, but i think this is a sell off by the competitors or the people who are backed by the competitors who would not want MYEC to become stronger. There is absolutely no reason why to sell off at this point. The current signal is either HOLD or BUY. The reason is multifold. 1) Apps release to be announced in the next 1 or 2 weeks. 2) Some lawsuits filed by MYEC are to be verdicted. 3) Partner apps launch to be announced. 4) Spin off of the GreenPay. All these things should be enough to strengthen the PPS. Now, if you think there is something that could have triggered fear is only that APPS launch may be delayed. Rest of all are not really serious at this point. But so far, there was no indication about further delay by anyone. So, why sell off happened?? Its purely a muscle show off by competitors. It may come even on the day the apps announced. But, the positive out of this is that those stocks will be released off of them and will land in safe hands. Knock off those useless scumbags from the market and make MYEC a safe bet. Go $$$$$$MYEC$$$$$
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