We have to wait and see how this plays out. So many puzzle pieces here that you can take and fit together in so many different ways.
I choose not to throw in the towel because EWSI seems to be on the right track as a business. The stock?? Well, that's another story right now. Lol! It's being ran up and down hard and the MMs are doing what they do best, make a market and make money. It's possible some shorting is going on as well. Level 2 clearly shows their moves. They are going to milk this stock for whatever they can get. That's just par for the course.
I don't know and will never know why 8 Million shares were dumped into the float last week, the news of the Q report didn't hit like it should and we are still waiting for a Q&A. While those are questions I and others may have, I am going to remain focused on EWSI the company and how they execute. EWSI is not a perfect company but they sure as hell earned my respect for kicking butt and taking names. I am not going to kick EWSI to the curb because of a few "hmmmm" scenarios. It will serve me better to stay focused on EWSI the company while monitoring the market to make sure my initial is protected.
We are going to have to go through some Growing Pains with EWSI as they grow and mature. It is definitely not an overnight process. I still believe because they are growing and expanding. They are getting better as a company and their Q report shows it in black and white.
Trade Smart!
1. Take profit on the ASK side in manageable blocks.
2. Fight the urge to BID whack which crashes share price.
4. Flippers, exit ASK side in manageable blocks.
