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Re: The_Rake post# 26382

Monday, 02/13/2012 10:40:45 PM

Monday, February 13, 2012 10:40:45 PM

Post# of 63125
Part of the hype is because some the penny promoters promoted EGOC last thursday. From everything we could figure out it was not paid for by EGOC and the penny stock promoters claimed no compensation for their promotion. Our speculation is that it was just a chart call. We have many new eyes on this stock because of the promotion. So as people do their DD, some see great potential and are buying the stock, others flipped it Friday and are getting back in for another flip, etc, etc... You are correct that their is no "real new news" to get all excited about. The announcement of the CC was unexpected, especially when nothing substantial was going on. IMO people are speculating, just like with many other penny stocks. Buy before news and sell after news. I guess the CC is some form of news.

All I can say is that there is no complaint from my end, as long as the price is going up I am happy :).

Go EGOC.