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So is a "shell" without any business direction or immediate merger on a short timeline or does it have several months to obtain a direction and/or merger?
Does anyone know if Des has any plans of staying with the online car auctions at all?
I just went to the ecarfly website and tried to do a vehicle search only to find out that there aren't any vehicles for sale through their service. Not a single car/truck/suv etc... Also went to ebay and could not find ecarfly listed under any current auctions & could not find ecarfly listed as an online store/service.
I know that all the above info is nothing new but was just curious if Des had abandoned the online car sales completely.
Don't have a lot of "free" shares but did accumulate on the daily swings- basically the small amount of money that I made in ECFL is still in it. Does that explain it?
Also not bashing- just going to wait and see. Still wondering what you feel will justify the stock maintaining it's current level and not slipping downward. Is ECFL simply worth .006- .0075?
Liz was just going by the word from Des- that word is now very different than what was being put out a very short while back.
Without a specific direction- what is going to keep ECFL from a slow but sure decline? Not trying to be smart, just would like to know what peoples thoughts are as to what justifies the stock holding it's value with no direction.
I sold out on my 432000 shares but am going to ride my free ones and may buy back in big, but I am reluctant to do so without any basis as far as why the stock should have a value that is significantly higher than it's 52 week low.
Logically, there must be some potential with ecfl mergers. Des could have given a few fluff PR's in the weeks before Magnum posted the news about the merger and cashed out.
I checked out 432000 shares today- going to keep my eye on it. good luck to all
Is that eastern time?
Hey Flats or Danny- could you PM me any updated info. Flats sent me 1 and updated me after the last merger was off. Thanks- do appreciate the info. and advice.
Any chance of shooting 1 of them PM's my direction? Wondering what the new info is. Thanks in advance.
Any idea of how soon- today, thur, fri?
In an Ameritrade account, what does it mean when your stock BP(buying power) is higher than your account balance? Just curious, my BP is significantly higher than my balance- i've never had that come up in my account.
"There is information that has been received through different channels citing several different scenarios right now."
Always looking for more research tools. Just curious as to where these channels can be found that are citing several scenarios. Are they accessible to the general public or do these scenarios come from channels closer to the source?
If the "All of it" is asking about my shares- some are bought through Ameritrade.
I don't need to know how you know, but what parts did you fill in? Just curious. Also, if they get a new symbol- how does that work? I have my shares bought through ameritrade- will they simply appear in my account under a new symbol?
Very well said- Everything I've posted is no more than my opinion and what's worked for me.
From a business standpoint (whether you look at it from a legit. view or a thiefs view). It appears to me that ecfl still has "worth".
It is a great "shell" company. It has a lot of potential to generate large amounts of funds. If a company was to merge with ecfl (a legit. merge or otherwise), they could generate a lot of money with the value of the shares with little more than a series of PR's.
In my opinion, this company has that ability to generate money (whether it's based upon being a scam or not- makes no difference). This opportunity won't be passed up.
It's just a matter of how far they'll (the "big wigs) will let it drop before they announce anything. I don't think anyone on this board doubts that a few PR's would have driven this stock up to a level that would be more appealing for the people in charge to sell out at; opposed to current trading levels. Have a hunch that it would be very beneficial to be Des's best friend and to know what the levels and future PR's will be.
Enjoy that weather steelcat- we had a high in the low 50's a few days ago and it dropped to -30 factoring windchill, (-14 actual temp) within 24 hrs.
My "guess" is that people are posting daily about their purchases and are not announcing their daily selling of shares. The swings of .001+ allow for pretty good daily takes.
I bought my initial shares at .0145 and have since taken my loss on them and done better playing the daily swing. Bought 250,000 Fri at .0065 and sold most of them back at .0075.
Currently sitting on 430,000 shares and have been quite happy with ecfl. Playing the daily swings and accumulating shares in this manner has been beneficial to me in hopes of a pr.
I don't know how penny stocks work and ecfl is my first learning curve. All the above info is my approach that I have taken based upon my observations & what has worked for me at this very early stage of my pink sheets investment- nothing more. Hope this helps.
As I've stated- I'm new to ecfl and penny stocks in general. I've been watching ecfl for a couple months and now have a handfull of shares.
Although new to penny stocks, I've been moderately successfull in starting up several new businesses and selling them (they are all still in existance and doing well).
My take (as a newbie) is that the stock is still 180% above it's 6 month low. There hasn't been any recent news. The lack of news leaves me to 2 conclusions.
1- The merger is still in the works (strange though that there hasn't been at least a pr saying as much).
2) They (the big wigs in the company) are going to let the stock drop farther, rebuy their shares and give a series of PR's and cash in. In which case, it'll be good to ride their coat tails. I'm GUESSING that this is the case. Otherwise, they would have pumped the stock and cashed in at higher levels than are being liquidated currently. We all know that this stock was primed for such action.
If the "big wigs" were cashing out, they could have given a couple PR's by now and then cashed in at higher levels.
A couple weeks ago they day was hitting lows of .0075 and highs up around .0095. This past week, .0065 and .0085. Seems to be the pattern. Just have to wait and see how far they let it go.
Again- just my 2 cents.
Thanks for the info. It is appreciated.
Where do you have to go to see which MM's are buying or selling?
That approach makes good sense to me. (Then again, I am new to penny stocks)Been kicking around adding a million more shares but think I'm going to hold out until there is some actual news. Not going to dump my shares that I have @ .0085. Hopefully news will come tommorrow.
Kinda curious as to why price is at .007, ask is .009 and bid is .008- why would the bid be higher than the actual price?
Do I have to enable the "margin trading" option then; and what kind of fees are associated with it? I read the agreement but was still of unsure of the costs associated with enabling "margin trading".
For those of you familiar with Ameritrade- is there an option that allows same day settling when selling non marginable stocks or is it a must to wait for the 3 day settling period?
LOL- I'm not sure what to think yet. Seems like a friendly bunch. Was watching ecfl for awhile and bought my first few shares at .0145 then bought the rest to help with the average share price for a total of 250,000 shares @ an average of .0085. Was going to buy a million+ more shares but think I will see how it all plays out. I've never played the penny stocks but am enjoying the lessons I've learned here and the few others I've tried recently.
One thing is for sure- it's probably best that the web site (ecfl's), phone receptionist, legit facts from the company etc.. haven't been "up to snuff". Otherwise I would have bought that million+ more shares.
It certainly hasn't run ( a few small runs but definately not 200-400% since I bought those first few shares- lol. I'm currently setting on a total of 250,000 shares and was going to buy a million more. I am new to penny stocks and think I will be content with my few shares and will watch to see what happens.
ecfl is a wild one!!! bought quite a few shares @ .0085 and was going to spring for at least 1-2 million more but think i'll watch and see if there is ever any news. since i've bought- been slowly heading towards the down with a few small up moments. just glad that there wasn't any more "bait" from the big wigs at ecfl- they woulda had me for some more cash. lol
I would also greatly appreciate a copy. I bought a few shares in ecfl and chid. I'm very new to the penny stocks and greatly appreciate any help. bjgiff13@hotmail.com
Thanks for the response. I think I will try a little but not get carried away; try and learn the ropes. Thanks again for the help and all advice is greatly appreciated.
LOL!- I am on that same track. Bought my first 2 penny stocks today and seem to be taking my first lumps. (bought CHID and ECFL)
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=MW&Date=20061128&ID=6231116&Sy...
I am very new to penny stocks (just bought my 1st ones this am)- is the above story good for CHID?
Hey everyone; just bought my first penny stocks and am open to any help and advice. Bought ECFL; 15708 shares and 850 of CHID. Hope they both make a mint. lol- looking forward to learning as much as possible.