Futuresman,
Volume and ultimately price tells one just about everything that is needed .... especially with a stock like ECSL where trading is driven literally by a handful of investors .... cause no one else has ever heard of ECSL and those that did ..... wouldn't buy other than to speculate. It's simple. Money talks. If investors thought the stock was going to $5 in short order or even 6 months to a year from now .... they'd be buying up any loose stock without question.
Were there a done deal, surely volume and price would reflect it. But it's the "shorts" and the invisible wall of shares. LOL. THERE ARE NO SHORTS IN THIS STOCK.
Couldn't possibly be there's not enough buy interest could it ??? Anyone who has a size position and wants to sell but doesn't want to scare the market can place an order to sell and designate the share amount displayed as long as it meets the minimum share amount for display. So were someone wanting to sell 100,000 shares .... that person could instruct to only show 1,000 ... pretty simple. 100,000 share sell would likely spook the market for a low volume stock like ECSL. But 1,000 shares ... not so much .... just would take a while to wipe out the order. (the magic invisible wall)
So while there's been a minor uptick in volume lately, price hasn't gone anywhere so there is no significant conviction buying happening.
Funny how the ECSL rhetoric is nearly almost always opposite the actual price action eh ?
Interesting to see ECSL longtime investors and partners pony up to buy hundred of thousands of shares at higher prices last qtr. Surely required of CEO to raise money because ... well ...ECSL doesn't have any and needed operating cash and money for deposit on agreement. Also found it interesting who the investors were and ... who they weren't .... you know what I mean ???
Also interesting .... and indicative of the totally sloppy handling of information coming from ECSL .... last disclosure said deposit for agreement was $250,000 ..... the current disclosure sez the deposit was $200,000 .... which is it ?? CEO doesn't know the amount of the deposit ? Typo ? Either way, sloppy. Somewhat irrelevant at same time but just another reason to question the validity of ECSL information. But ECSL will be "listed" soooooooonnnnnnnn ..... LOL. Tough to do with 1 officer and an unknown BoD too. And no disclosure ... ya know, like ECSL would have to disclose all those patents and patent applications it has going ...... LOL
And is there really 19 million more shares out than reported ?
And further, the timeline described by ECSL for happening to meet with Lawrence ..... the current vision for ECSL is really the former FFC vision and not an idea dreamt up or that could be executed by ECSL CEO. Of course a CEO is expected to bring in the talent to be able to do deals like the one described .... so I'd have to give him that if in fact it happens.
Amigo Mike
News 
Market Data 
Discover 
AI
