Triple 000 and Sub-penny Chart Plays

[butiger]

Trader53, what do you think of ECOS?


Thanks for the great info and message board. I'm new to this, and I've learned a lot from your posts and board. You should publish a book!

Anyway, what do you think of ECOS: http://stockcharts.com/h-sc/ui?s=ECOS

Looks like the Red and Blues are where you like and the pps us under the key support of .0003 right now at .0002. It has had a considerable walk down over the last few months, but has trended sideways, with some heavy volume (accumulation?) over the last week. A venture capital firm has been involved (details unknown) for a few months. The CEO's blog: http://www.ecolocap.com/blogs.php says PR's, production, revenues, videos of production facilities, and a social media campaign are due in the next week or two (promote?).

Over the last week there has been a negative attitude on the message board, mostly due to share structure and possible dilution. The O/S is over 3B and 3X the amount you typically like.

Seems like most of the factors you look for are there, but the O/S is too heavy....would it be worth taking a shot at this one or is that O/S just too much negative to outweigh the good signals?

Thanks!