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At least you got a shot.
I need need it over a dime.
Janice Shell has posted here. If I remember correctly, things went bad just starting with the rumor that she was coming here.
Wow, interesting day.
Glad I didn't get a chance to sit around and watch it take place.
Personnally, for me there's only one way to play this stock. Sit on it and forget about it. Waiting for the day it's worth .30 again.
Now, if you have any idea what you're doing...then there are probably better ways.
For anyone willing to explain again, since I'm sure I'm not the 1st to ask, what the hell happened today?
What kind/size of company are we looking for tomorrow in the PR?
I'm expecting some company I never heard of. Hopefully they have a web site. It would be real nice if they'd state what it is ECFL is bringing to the table in this merger. Maybe they'll mention something about the scheduled meetings with Ford or GM and list a contact person and number for such meetings, or some other way to verify it's all true. I'm trying not to get my hopes up too much, but man I'd like to see it hit .06 then exlode. Either way I'm letting it ride and won't even be able to check up on it during the day tomorrow. You all keep an eye on it!
I hear ya.
My 1st but was right around 2.90
I can't speak for all the longs, but that last time I bought this stock was @ 5 cents. I was already trying to average down from the thumping I had taken. I thought 5 cents was a good buy and then it tanked again. I thought I'd be able to write it off in my taxes, but learned because I had bought and sold with 30 days a few times, I couldn't write those losses off. So I stopped paying attention to ECFL all together...until last week. I was considering trying to flip it here and there again to average down, but then I thought to hell with that. I've already, mentally written my losses off. I sucked at flipping it the 1st time and the way this thing is moving now, I'll might as well just let it ride.
My break even point is 15 cents.
Thanks bones,
I would have replied privately, but ecfl has sucked up all my funds for anything but a free account here at ihub.
Learning here.
I just heard that I can't claim a loss (-$1800)on this because I've continued to rebuy it less then 30 days after I sold it.
Is that true?
Agree, 100%. Keep the volume low until news comes out.
If we see any huge volume with out news, we're probably going in the wrong direction. I havn't noticed ecfl move much in the up direction on large volume and anticipated news.
I may have to take back what I posted earlier this week.
For starters I'm very suprised we're still above a cent.
Even better is my rookie charts say we may even be green tomorrow regardless of a PR.
However, usually just when I start getting my hopes up on this thing, the floor falls out. It's as if I'm reading the charts upside down. Tomorrow may tell.
I concur. If Dez really talks to you guys as much as you say he does, then no wonder his company or shell of a company can't seem to ever get anything accomplished. I'm just glad I mentally wrote this one off as a tax loss for the year. Anything I gain just means a smaller write off since there's no chance of me breaking even by years end. If your wondering, pps would currently have to be .15 for me to break even. Any yet for some reason I'm still hopefull for next year. It must be all those crazy $1 predicts.
9:45? I must have missed that/those releases. To me it looks like 6am or noonish or nothing. I think we'll see subpenny before noon w/o a PR. The afternoon we may see it climb back above in hopes of a release tomorrow.
Ooh I wouldn't say sub penny is gone for good.
I think we could see it tommorow if there's no PR.
However, with a good PR, I think we're poised for a high around .0215. A good PR would contain some financials and my fingers are crossed. A PR containing a name change would be positive in the sense that it shows things are still moving forward, but $$ matters are what matters most. IMO
Assuming this doesn't bounce today (because there's no pr) I think we're going to be subpenny by the end of the week without a pr by Wednesday. I believe someone had said a pr was going to come out that day from a conversation they had with Des. I remember a conversation Lizard's wife or girlfriend had a while back with Des when we we're still in the auto biz, where she said he said there would be a pr and there wasn't. None of us want to see that happen again.
I've owned since Aug and think anybody making a PPS predict that's more then a week out is being unrealistic. This is still a momentum play, which it seems to have lately. Definitly a buy when PR's come out and a sell 2 days later if nothing more has come out. It will continue to climb and fall in dramatic fashion until a pattern of strong finicials is released. As far as Monday goes, I think it'll be down a little, but I'll be holding, since I didn't get out at the 40% jump on Friday. That's as far as my predicts go. Pray for PR's and sell on no news.
Here's a thought. This is the 1st stock I've ever bought, so bare with me on this. But isn't the value of a stock somewhat determined by the earnings of a company divided by it's O/S?
They're expected earning were something like 3.2 million prior to the merger right? Well no matter how great a merger this was, I can't image any earnings report coming out in the near to mid future that says they've made 20 million. 20 million in earnings is approximitly the number we'd need to see to make this stock worth the .016 it's hanging around at if some of the earlier posts are right and the O/S is 1.2 billion.
Yes, I am an owner. Bought in around it's peak at $2.98 presplit and have poorly managed it up to this point.
Please comment.
Click on the level II qoute above and see the Sept 25th PR.
$6 was presplit. It's has been adjusted to .60.
Has anyone tried to put a chart to ECFL?
Just wondering how to it. Usually a 50 day or 120 day average movement is what I'd use, but since this split (Never dealt with a split before) if you go back more then 12 days, the chart isn't readable. Meaning .10 to .05 looks like a flat line when it's sitting next to it's $2 and $3 highs.
So how does one go about trying to find it's resistance values?
100 shares?
Why would someone only buy 100 shares of a stock trading at .063?
The trade probably cost more then that buy is worth.
I don't know if this is common and I just haven't noticed it before, but it doesn't make sense to me.
What's the difference from what ECFL repoorts now, compared to what they'd have to report if they became a full reporting company?
ooooo didn't see this one coming.
I sold first thing this morning and put a buy in at .055.
1st time I even looked at it today was about 1/2hr ago.
I'm so bad at this. If I ever break even on this one, I'm calling it a victory!!
What will happen when Ameritraders do get their shares?
Do they sell them so they can set up a new account elsewhere and then rebuy what they sold (if they so choose). Or can they transfer (for a fee I'm sure) their shares and accound balance to another broker.
I guess my biggest concern is if they do all sell and leave Ameritrade, won't that drive the price down?
Have any Ameritraders figured out what they are going to do yet?
The Reg D was filed 3 weeks ago.
Have they been selling since then, or did they just start after the split?
I'm new and know very little so excuse my ignorance.
Can someone explain L2's. How do I read them? What do they mean?
Thanks