MyECheck, Inc. (fka MYEC)

[upperdivision]

This is how MYEC always trades on news. Like I mentioned before, 40-50% increase in PPS with about 40mm-50mm volume, followed by sideways price action as people wait around to see what happens next. Usually, the sideways action is followed by a run supported by around 20-30mm more volume, which makes the earlier prices look cheap.

Huge blocks on the ask mean very little when you look at the volume. I loaded up down here. The fact that people are not rushing to sell on the bid is a good sign, considering we are up a lot since yesterday.

Be patient, and hit the ask if your situation permits it. Spread the news about MYEC to attract new buyers. That's my two cents.

Of course all of this is just my opinion, but I have been trading MYEC for a long time, and not just holding long so I know a good amount about the price action. Of course, I could always be wrong.

Yesterday, I said be conservative when people were talking about opening at .035 and other crazy things like that. I think a 60-80% gain today is possible, and still relatively conservative, especially because we already hit .029 which is a 60% increase from yesterday.

Our goal should be to close anywhere in the .03s