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Re: sunspotter post# 13396

Tuesday, 09/27/2011 10:09:32 AM

Tuesday, September 27, 2011 10:09:32 AM

Post# of 63232
Sorry, but your "insiders selling into every pump" refrain is incorrect. The SS hasn't changed since July. I've been here since January and am well versed on when dilution is occurring on Egoc. We had dilution during the quite period (8 months), but since the company has started communicating with shareholders, there has been none. It seems they were shoring things up during the quite period and now they're ready to roll.

In point of fact, the peculiar aspect of Egoc is that they sold when there was no pump during the quite period. However, now that we finally have some pump (to utilize your expression), they're not selling. The only selling that's occurred here have been trip and 1 players taking their chips off the table, but new blood stepped in to take their place, which moved the cost basis higher. Most here now have an avg in the 2-3 area, so it sets us up nicely for the next move up, which will be coming soon due to the "pump" that's about to roll here! Deals are lined up and this is only getting revved up...
Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y