Can someone please tell me that if there were more buys than sells AND if dilution was really happening, how in the world does the price jump over 500%??? Maybe I'm wrong, but it just isn't adding up! Another thing is, don't they calculate buys and sells by transactions at bid/ask?! BUT, I got filled on bids I put in on this company! For instance when it was in the low 001's range, I put a bid in @ trip zero's and got filled, so is that calculated as a sell??? With a stock like this that was trading like crazy with VNDM on the ask, the pps was jumping all over and in my honest opinion, some people didn't want to buy at the ask because it was so volatile, so once again, in my opinion, people put bids in and probably got them filled, which may have been recorded as a sell, when really it was a buy, right?!
Once VNDM jumped off the ask and to a waaaay higher pps, the show slowed and balanced out and pps stabilized! I think many still had bids below .0015, but nobody was selling enough volume to get them filled! The selling OR bid sitting (which could've really been buys in my opinion) dried up towards close on L2 and most people were holding strong for this upcoming week and that's when buyers on the sideline noticed and said, they're in and hit the ask with pretty strong buys to help close the pps at only 25% below the high of day... that's pretty bullish I'd say, isn't it?! How is that dilution???
Why are some people being so skeptical of this news? Just because there have been some other companies that have reported 8k's and then later restated them in questionable ways does not apply to this company and their most recent 8k at this point! It's like the old saying trust until proven wrong and I think, in my opinion, that there's no reason to question them on this 8k, it's legit until proven otherwise, so why the comparison with or even questioning it to other stocks that didn't end up being 100% accurate??!!
Also, why are some saying they lost money on this and watch out and blah blah! The past is the past! I know of another stock SFO....you fill in the blank...that did reverse splits and a lot of people said they lost a lot of money and to watch out and that it was blah blah blah, you know all the negativity when it was in the trip 0's back in March/April, but then it ran to over .02 cents! Now, I'm not saying that this stock is like SFO...or that it will make a similar run, but I am saying that sometimes companies have to do what they have to do to stay in business and make decisions that are best for the company long term, not short term and yes, sometimes those decisions adversely affect shareholders and that obviously makes some shareholders upset! However, as long as those companies focus on the future of their business and continue moving forward, then great things can potentially come through for them and those that are bitter can miss out, but those that see the opportunity can potentially make big, zip code changing dough!
Everything seems to be lining up for a potential nice run here and ECOS is obviously bringing benefit and adding value to LRS, otherwise why would such a game changing big company like LRS ever get involved with ECOS if ECOS was not legit?! LRS reputation is on the line, isn't it?! To me this seems HUGE, like the beginning of a NEW beginning for ECOS! You do your own DD and make your decision! I've done mine and I'm excited for what's to come for ECOS!
I could be wrong and it wouldn't be the first time, but this is just my opinion and 2 cents! GO ECOS!
MY POSTS ARE MY POSTS AND FOR ENTERTAINMENT PURPOSES ONLY! DON'T USE THEM AS INVESTMENT ADVICE. DO YOUR OWN DUE DILIGENCE AND MAKE YOUR OWN INVESTMENT DECISIONS BEFORE YOU BUY OR SELL ANY STOCK.
