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Ecomike

05/20/17 2:27 PM

#1524 RE: PennyStockTrader2 #1522

I thought .25 might be a bottom, as the folks that owned 1/2 the company before the R/S and R/M were in at .25 post R/S (the lowest cost shares ever issued, I'm down about 95% at today's price been here since 2009), but we seem to be getting close to .10, which means we could even test .01 by year end if nothing changes here. I suspect they finally sold, which spiked the float and caused the crash. Other may have sold too.

I am also worried about the unknown of the management changes. This one had the potential to soar like Mhan did 3-4 years ago after it did the same things $STLT did. It was .001 and ended up on Nasdaq at $18/share

At some point this year, I will average down in volume. Question is where will be that be. What will management do this year.

At least we have steady volume now.