Enercare, Inc. CSUWF

Scotia raises target price

[eljoro]

Today Scotia raised their target price for ECI from $17.50 to $18 and maintained a SECTOR PERFORM rating.

Cheers,
El Joro

[whodathunkit]

Talk about bucking the trend......considering what's been happening to the broader market, this thing just seems unstoppable.  Good/bad/indifferant, not sure what to make of it.  It sure feels good though for now. Cheers.

[SHUMBA]

Something smells, but it smells real good. Perhaps the next attempt at a buy out will come to fruition. Best........SHUMBA

[Lansing76]

I agree. Something is happening. Looks like accumulation. Will try riding this one up.

[eljoro]

Interestingly, today ECI shares traded almost carbon copy to Monday's trading pattern: Heavy accumulation on small trades throughout the day and a small sell-off that started at 3pm, helped along by single large (more than 100,000 shares) transaction around 3pm. Not sure what to make of it. Just found it interesting.

[Lansing76]

It is the opposite of small trades hitting the bid then buyers coming in and scooping up cheap shares allowing someone to unload into the buying. That is a downtrend with someone selling like what happened a year ago with ECI. Now someone is accumulating by hitting the ask until the price hits a point where shares are unloaded and the buyer picks up larger blocks. Once this dance is over there