MyECheck, Inc. (fka MYEC)

[upperdivision]

You bring up a good point. I think Ed Starrs is doing a great job at not hyping up the company. Normally, a lack of press releases reflect a lack of transparency within the company, but I think Ed Starrs is just keeping some of the business silent to avoid bothering their business partners.

Investing in undervalued penny stocks is a big part of my strategy. I don't buy on hype. I buy as if I was investing in a private company, so financials, business plans, and management are key.

In that aspect, MYEC has a good management team, a solid business plan, and promising financials.

That being said, I don't think MYEC is undervalued right now, based on the market cap. While the company is in a good position, I don't think it justifies a $26 million market cap. If Ed Starrs retired a good amount of his shares, it certainly would be undervalued.

I'm continuing to increase my position, but cautiously. The "hype"I am talking about is coming from investors, not the company. MYEC keeps finding its way onto the top 10 iHub charts so there are a lot of eyes on it, and a lot of people will buy into a stock just because they see people posting good things about it (without doing their own research). That alone would be enough to push the stock price up a bit.