Post by
gunzod on Dec 17, 2014 1:05pm
SP
Most stocks in green today and ECI being hammered, whats that all about?
Comment by
Lansing76 on Dec 17, 2014 9:19pm
I think someone is unloading. Brokerage #7 had some pretty massive ask orders. I have seen this many times over the years with eci. It doesn't take a lot to move the stock. It will not last forever. I bought more today at $13.85.
Comment by
Lansing76 on Dec 18, 2014 9:14am
Hey Shumba, We are likely going higher from here today. Everytime ECI corrects it gets stupidly overdone. Yesterday could have been the washout. I have been overweight ECI for about 6 years and done very well. I did sell half my position between $15.00 and $15.60 so I had some room to buy more. I am still a seller over $15.50, but a buyer under $14.50.