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After going up over 600% in 3 days, for this stock to be down less than 20% today should tell anyone where this stock is going in the future.
Thank you for your excellent comments. You have a lot of interesting points to make and I think you are right. CMEY will make a come back but I am afraid we will all have to be a little patient. We should hear something from CMEY to explain this situation and then we will have a much better idea of where we stand. But you are right--CMEY is a great company with a great product. Good luck to you my friend.
If anyone wants to know what is going to happen next week with ECDC–just look at the traffic here on iHUB today–a Sunday. This is incredible. I see from the comments some people are a bit upset that they missed out. I see talk about dilution and a r/s. ROFLOL. In your dreams friend. When a stock goes radio active like ECDC, large shareholders have an incentive to hold off on their sales. They like money just as much as you and I. They want to sell their shares for as high a price as possible. And they know that until all the good news is out for ECDC–which will take months–they can sell their shares for a higher price later. If someone must sale ECDC stock now, they will sell as little as possible. The good news for those who missed out is this: it’s not too late. Anybody who buys ECDC stock now will hit pay dirt big time. ECDC is just getting started. My last buy was last week at .0017. Do you know how many shares I have sold? Zero. I have already made a hair shy of 300% return in my investment in ECDC. But I am not going to sell one share. It’s clear to me what the direction ECDC will be going this month, and in March and by the end of the year. WetWinds and Student Connect have yet to enter the mixing bowl and make a contribution to the P&L Statement. So there’s lots more to come. Good luck my friends.
CMEY will come back. Don't make the mistake in thinking that CMEY is finished. The company has great technology and that is the most important fact to remember. Whatever problems CMEY has with the SEC can be fixed. CMEY is not the first nor the last company to get in trouble with the SEC. Other companies have run afoul of the SEC and went on to have success in the future. This is a time for an investor in CMEY to exercise patience and good judgment. Just ride this out. All will be well in time. Good luck.
Excellent find mschake. Thank you.
We bought like a drunken sailor! lol.
You are welcome my friend.
.0138 is a good close. 81% gain on top of over 200% the prior day is a good return on our investment. Congrats to all investors.
If we can hold ECDC here .0147 or somewhere in this area during the power hour, that will be an excellent run for the day. I am glad lots of people have been taking profits. That will help to build a new base at these higher levels. As stated before, my last buy was three days ago at .0017. I have not sold a single share. Based on the interview with Kay yesterday, I think we are going to get good news in the near future. There is an excellent chance we will end February much higher than where we are now and even higher in March. Good luck my friends.
The bid is .014 and the ask is .0139 at Americatrade. You don't see that every day.
Agreed. We need to do some profit taking any way to build a new base. More good news is coming. Plus, there are problems with a stock going up too fast. In any case, this is just the opening round. I have no idea where this stock will be in 3 months. I just know I want to be there too. Good luck my friend.
My last buy was at .0017--three days ago. I have not sold a single share of ECDC stock. Why sell for pennies?
Who issued the TP of .60 for ECDC? Good news to hear. Who issued it?
Assuming CMEY starts to trade again in two weeks, the stock will likely tank. That will be the buying opportunity of a lifetime. As long as CMEY holds off on releasing the results of the audit by IBM (assuming it is favorable) until after the stock starts trading, that will be the catalyst for the stock to move much higher. This is a risky play friends but given the potential reward, I think it will be worth it. GLTA.
Now that my .015 projection has been busted that I made 15 minutes ago--I have no idea where she will go now. Better buckle your seat belt.
In your dreams buddy!! lol.
Are there enough shares of ECDC stock to handle this level of volume? GO ECDC!
Very strong resistance at .0094. If we can break that we might take off to .015.
Thank you for correcting my mistake. It was little difficult to understand everything on the radio that Kay had to say. But I liked what he said and I appreciate your help. Again, ty.
Kayode Aladesuyi did an excellent job on the interview today. I listened carefully to the entire interview and I was very impressed with Kay. We are very fortunate at ECDC to have Kay as our CEO. The contribution by Rothschild a/k/a Derbyblood at the tail end of the radio program was minimal at best. I was not impressed by Derbyblood or his questions. Just remember, ECDC has four divisions: Earth Search, Rogue Paper, Wet Winds and Student Connect. Apparently most of ECDC's money comes from Earth Search and Rogue Paper at the moment. But revenue will come from Wet Winds and Student Connect later this year. A key fact to remember is that ECDC, via Earth Search has unique technology. Namely, the passive RFID. Apparently, there is an active and passive RFID. And passive is the better of the two, which ECDC holds alone. Good luck to all.
I would like to sell and buy back ECDC stocks too but I generally don't do it very well. Also, Scottrade has limits on buying and selling the same shares over and over again. I think you would need to have an account with E-trade or AMericatrade as well as with Scottrade to do lots of buying and selling of the same stock over and over. You are right of course, the stock will slowly go back down. Hopefully, it will not return to the old dog days of .0017 or even come close to it. If it drops by 1/2 and stays there I will be happy just to stay on the sidelines. To be sure, the stock is going much higher. I don't know how high it can go in 6 to 12 months but I think it could be a lot. Good luck to you too my friend.
I agree. Why sell for pennies! Be greedy!!! lol. Good luck to you.
My last buy was two days ago. I bought 85,426 ECDC shares at .0017. I wanted to round out the number of shares I owned. I did not sell a single share today. I don't plan to sell for a few months from now. Even then I will sell only a modest number. Of course, ECDC will go back down. I don't care. I am for the long term. Good luck to all.
I am surprised how little profit taking has occurred so far. We are ending today on a very strong note. You might be right about .05+ not being too far in the future.
Here comes the profit taking. It's overdue. I don't mind as long as she stays above 100+ and never goes back down, I won't complain.
Thank you senor c for the info. Excellent post. I personally am confident that things will come together for CMEY with the SEC. CMEY's technology is absolutely fantastic stuff.
Friends, please do not lose heart. This is a difficult time for us as investors in CMEY. Trading for the stock will resume on March 2nd, 2012–this is the latest info I have. Please be advised that the underlying value of CMEY has not changed. The company is not going anywhere. CMEY offers some of the very best technology today for money transfers on a cell phone as well as other great products. CMEY has a regulatory problem with the SEC. This problem can be fixed. I am confident that a fix is in the works. Please be patient–better days are coming.
I agree. Thank you for sharing the info. Go ECDC!!!!!!!!!
In penny stock land, anything under a gain of 100% is modest to me. But reasonable people can differ. Penny stocks can gain or lose 50% at a whim--just on the weather alone. A 100% gain or loss is suggestive of something is up. People do differ. I appreciate your view.
We need a lot more volume to move this stock upwards. There is a decent chance we could close with this modest gain with no additional volume.
I had a standing order for 85,426 shares of ECDC stock at .0017 to be filled. I included special instructions: AON for the order. I wanted to even out my shares to a nice round number. The order was filled today just before the bounce!!!
Is this the S-1 everybody has been waiting for?
So far we have not hit a new low. And the volume is slowed a lot. Could this be the end of the run?
Almost 3 million shares were traded in the last five minutes!! and the pps did not budge.
These MM are true experts at their craft. Here in this little stock, ECDC, they were able to move approximately 6 million shares or $10,200.00 and yet the pps has not moved at all! They literally can control the price at will! It seems like our future is in their hands!
Oh I am not selling. I am holding--I may do a bit more drinking but that is all. lol.
What I don't understand is how ECDC was able to buy Rogue Paper when the company was facing financial ruin. Maybe the buy was a Hail Mary--hoping the new team would bring in business to ECDC quickly?
If we are in the midst of a death spiral for ecdc, I hope it will be a quick kill. Of course, a death spiral is technically illegal. But I think these cases are hard to prove.
Friends, if you missed out on CMEY, this is a good time to buy!! It will be difficult to accumulate many shares at .0035 but anything you can get at these prices is a steal. GLTA.