That was a big move on Friday for ECIG. RSI now at 22.30. We are on our way. The bottom is in. The good news is that we are seeing big buys now of $100 Grand time and time again. That's non-IHUB money, Folks. Big pockets are coming in. And they are not selling. The petty flippers are slowly getting filtered out. You will now start to hear stories of shorting and tax selling. These are just feeble attempts to scare you and get cheap shares. The tax selling is over. We lost them at 50 cents and above weeks ago. And no one on IHUB has the capital to short a stock trading at such a high pps and with such an oversold RSI. Another fairy tale to scare you. And nothing more.
Again, as I stated before, there was a well calculated plan behind the convertibles. And that plan appears to have been executed. As the pps continues to rise and correct itself, the flippers will die off completely as re-entry just becomes nearly impossible. Again, non-IHUB money is soaking these shares up and, with that, the float is locking up. Wait until next week and the week after that and so on. At the end of the day, there will be a smaller IHUB group standing here with life changing profits. And your new brother, Big Tabbaco, will be right next to you with a big smile on his face as well.
As far as a buyout, ECIG wants this stock at $1.00 plus as soon as possible so they can justify a higher asking price if they did sell. $1 Dollar plus is coming and no one can stop it.
Happy Holidays
ECIG