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Re: Leighcr post# 16864

Wednesday, 03/14/2012 9:46:48 AM

Wednesday, March 14, 2012 9:46:48 AM

Post# of 80403
Leighcr, averaging down on a penny stock is the worst investment decision there is;

If a person cannot sell at a loss; they will also lose the additional $$$ they put in. Consider some of the "runs" were during the 3 times ECDC paid for stock promotion. The only reason to pay to pump a stock is so somebody can sell stock. Lastly, the reason a company Reverse Splits is the same reason they increase Authorized Shares; ECDC is required to have enough shares to cover their debt obligations.

.002 shares might not do it.

Good luck.

You never lose on a stock until you sell? Tell that to the "Long" whose $10,000 penny stock "investment" is currently worth 25 bucks.


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