ECUADOR GOLD AND COPPER CORP V.EGX

we'll hit 6 today

[actonfear]

I haven't been wrong yet on this stock, so to avoid a first, let me add in a qualification (or by mid-next-week)

[actonfear]

cents - 6 cents - in case that wasn't clear

[ABirdsEyeView]

Well theres a first for everything... Not saying it wont dip down but things look a little different now. Time willl tell.

[actonfear]

One of these times it will stick, I just think it wont be this time. Here's why: 1) it's happened over and over and over. statistically, just very improbable. 2) other cycles, it's actually gone significantly higher than it did this time, so if this sudden wave of interest and buying is impressing people (like it always does), then they need to put it in context of what happened

[yixter]

There's a problem with your theory Acton half the shares that sold it down from the last run have now been bought back in the 075-.10 range so those flippers have been taken care of another good volume day all those flippers are taken care of then the sp has to increase for anybody to make money there were still many holders above .08 from the last run its go time!

[SizzlinSteaks]

Interesting juncture..... Will it reverse or will it run?..... that is the question.

[ABirdsEyeView]

One thing I noticed is it dint dip to 5c this time though...maybe a new bottom at 6c? https://stockcharts.com/h-sc/ui?s=EGX.V&p=D&b=5&g=0&id=p37909924380

[actonfear]

I agree, days of 5 are done. 6 is likely the new bottom. My guess = it will continue to sink for a week or 2, then we'll get some news, and we'll get another spike. I'm pretty happy that I think we have time for probably 2 or more additional cycles before end of year. And I doubt any buyouts or anything will happen before that. So, I have time to buy back in at 6, and sell out at 10