ECCI : Nice come back yesterday. I guess the flippers and weak hands are shaken down. This stock is beaten down so hard by shorts. I am holding for one the biggest short covering in recent times.
This is a biggie for the NOBO fans and naked short hunters. I spoke in detail to the company ( I will the PM the contact details if any one wants). The company believes the big downturn was caused shorting done by a firm which showed interest financing one of their project. The company was just in talks with them but deal is not done. The financial firm (lack of better name to call them crooks) looks like started shorting big time hoping that they would be able to cover their HUGE short position once the deal is inked. ECCI found out that the shorter is none other than the financial firm. Company IR told me ECCI is ordering the NOBO and cancelling the talks and this will leave a short position to cover. We could expect a PR soon and IR did not give my any specifics coz he is in talks with SEC attorney. IR also confirmed that there in NO plans for reverse split. Company is saying NO dilution happening from their side. Looks the shorts want to panic the weak hands so that they could cover. We can defeat their evil designs. Do not trade on this post. Do your DD.
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