Wednesday, February 18, 2009 2:58:04 PM
about ENCS, look at its time line--price and current slat of projects. those who bought at .0001 months ago are selling off and taking profit..they don't want to keep thier money tied up in a stock that may not have any buyers as was the case several months ago....
put it this way if you bought 10million shares several months ago at .0001 [basically $1,000 not including broker fees] you would have had $20,000. when ENCS hit .002 recently. now i ask you how long would you stick around when everyone else is closing their positions and creating selling pressure, eroding your value each day by 10% or more
to answer your question...there will be massive selling off tomorrow. I think it will actually hit .0001 between today and next week Wedsnesday, regardless of news releases. then everyone will buy into it again and shoot right up into .02 range and correct again to .007 to .01 and stay there until ENCS claims real revenue
just my two cents.
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