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Re: Mr. Bill post# 195

Wednesday, 07/01/2009 4:48:01 PM

Wednesday, July 01, 2009 4:48:01 PM

Post# of 305
Maybe not - I wonder if it only took a 500 share trade to move the ask? Usually after hours one saw the same old ask of .18 but today it shows .25 - perhaps something coming?

Given the HUGE spread hold your shares, the worse thing one could do is sell them because you will never get them back for near what you got in at-

Go look at CTCJ. Some guy was lucky enough to get 901 shares at $1.10 about the all time low - and got impatient and sold them. Now the MM's realize the float there is only 12K or so. Now the ask is $2000. One day he will wish he had the shares he sold for a slight loss back!

http://pinksheets.com/pink/quote/quote.jsp?symbol=encp#getQuote

Inside QuoteBest Bid Best Ask Time of Last Inside Change
0.0602 (5000 shares) 0.25 (5000 shares) 10:58 AM

Trade Data / Last Trade 9:30 AMLast Sale 0.18 Change +0.12
% Change +200.00 Tick Down
Daily High 0.18 Daily Low 0.18
Opening Price 0.18 Volume 666
52 wk. High 0.24 52 wk. Low 0.02
Prev Close 0.06 Dividend 0.00
Yield 0.00 Beta Coefficient 0.49
Trade data delayed 15 minutes.


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