So true Tim, and I'm finding timing is far more
important than identifying a good play.
I can't tell you how many times in the past I got in late because I wanted to "see it move". By then, I was chasing and was too late while others made the gains.
In my first post on ECPN this morning, the first thing I mentioned that it wasn't a "buzz play".
Stocks like TASR, UGHO, QBID, WNMI were stocks that exhibited KEY factors I mentioned in a post I made on Friday.
BUT!....ECPN's news is rock solid. The interesting thing I saw early was that A LOT of buying was going through early without moving, then all of a sudden it popped, with sustained buying at .52/.54, yet the price came down. And still I am seeing steady trades without ceasing, and the price frozen at .49/.51 in spite of the 15 year agreement with a major emerging Chinese steel company. That says solid revenues for ECPN to me, and potential other wholesalers or producers interested in doing business with ECPN.
Sometimes the market makes sense. Sometimes it doesn't.
And sometimes it loses it's mind like it's doing with UGHO as I type this post!
I was going to sell at 2.64 prior to writing this post, but I wanted to respond to you first.
Tim, I'll definitely buy you a beer if our CMKX hits a homerun.
Holy rip!!!
Bo
AI
