Encompass Group Affiliates, Inc.(fka ECGA)

[sludgehound]

9.3b Float, 13.3b OS is the knock.

Yup the outsized bloated share structure has always been the knock on this one. Prior runs came on biggish counts but not at
like 13b.
Today's news is a plus but again short time players jump all over a weak stock that does any capital change, whether to HQ or to any changes at the top in leadership.
Otherwise their economic model is ok. Checked at ETrade and the
metrics are on the plus side per gross margins and ROE ROA.
Poor on debt to equity ratio and PE.
Rough one to play given they seem to be facing a R/S of size to
get any action. I'm sick of feeding the SEC machine with the $20
fee per R/S along with how 90% stocks drop on that event.
g/l