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Nice price action.
Wow. #1 on BOB. Go ECOS!
Volume rising steadily. One of these days we will have a bid. We did have over a billion on the bid at one time. Go ECOS!
I saw. I've been a little out of the loop. Catching up on recent developments. ECOS is looking ripe!
Nice to see ECOS on breakout boards. Hope we get some volume here soon.
Looks like the fat lady has sung here. Almost a year since last communication from ECOS.
Always nice to see trader53 show up on a board.
80 mill volume day last week. 25 mill volume day this week. I will take it. Most action this stock has seen since late August. Let's see if there is any follow through next week.
Up 9900%!
I agree. Getting past 2s will be a challenge. If they break though we can get a run to .00s, with the right news.
True. There has been some bloated pigs recently that have left trips. We would need volume in the billions for several days.
Ouch. what a dump. Out for a loss. Good luck everyone.
Indeed. It proves that a bloated SS can run. NOU* had very similar accumulation. You just have to ignore all the noise that goes on in these boards. Money to be made here, imo.
Now that I think about it this almost has the exact chart setup as NOU* . Pulled back from resistance at 6s, tested support at 3 and ended up going to .0020... I am expecting to see resistance at .0010, but if we can break it .0020 should be doable, imo.
Accumulation in process. MMs will let it run when they are ready.
Almost 1 bill bid on 2s. Looking strong!
Agree. I also sold too quick with NOU*. Holding for more gains here. Volume here has been through the roof.
Massive accumulation. Strong support at 3s.
$150k on bid, $53k on ask.
I have a smaller cash account, so I don't trade on margin. I hold most of my stocks for at least a week or two, so I don't really run into that issue. True day traders that flip a stock multiple times a day would need to have a larger account, $25k+ on margin preferably. It is harder to day trade on a smaller cash account. I'm more of a swing trader than day trader.
I feel the need to speak on behalf of the "flippers".
I started trading OTC stocks a few years ago and tried to find hidden gems and hold them long term.
After a year or so or trading I realized that there is much more money to be made by swing trading or "flipping" these type of stocks. I was losing money by being an investor. It wasn't until I started swing trading that I became profitable. I have made 200-300% returns in a couple of months by swing trading a hot penny stock by using technical analysis and charts.
Let's face it, there is a reason that most of the stocks are below pennies to begin with: dilution, toxic debit, bad management, etc. 99% of companies in the pinks will never make it, but that does not mean that you cannot make money flipping these stocks.
I think a lot of traders have this mentality as well that they won't "invest" in .000s stocks. A stock has to prove itself to me that it is legitimate in order for me to "invest" in the stock.
Good luck to everyone on board: longs and flippers alike.
Good to have you onboard PD. Good explanation on the kind if games that go on L2. Support at 3 is strong. No one really fell for it.
Great churning going on here. Nice hits on 3s. 3s are in stronger hands.
This is the wild west. Lots of games in pinkyland.
I agree. I really liked what I saw and where I thought this was heading back in October of '17. Looked to have a lot of potential... The silence by Kwak is deafening. At least give a PR with an update to shareholders. Almost 9 months of dead silence.
I expect a lot of dumping on 1s. I bought because of LRS partnership and I liked what the digester does. We had a 1 bill + bid on 1s that got dumped on... Crazy. SS is so bloated that an RS is almost inevitable now.
I agree. We have an uphill battle here. Already wrote this off as a loss. Would like to be happily surprised one day.
Great day today. Solid volume and accumulation.
Nice bounce. 3s are almost gone
It's going to be hard to move once volume comes. Expecting a huge wall at 2s.
Let's hope so.
Two 911 trades at the end
Always. Volume is a leading indicator.
KAL* has a smaller SS, but I could see a retest of 52 week highs.
Happy New Year ECOSians
Glad someone else sees it. That is exactly why I'm here.
True. NITE does tend to be mostly retail. Let's hope that was the case. We need to keep high volume to get out of trips. Once 6s breaks the ask will get thinner, imo.
It should. You think the sell off today was dillution or short selling? NITE had a huge sell wall most of the day.
Indeed. Nice rebound from the initial sell off. Held support at 4s.
Agree. I'm holding for the run out of trips.