Replies to post #10108 on lowtrade

[lowtrade]

joshm6691
ECFL

http://stockcharts.com/h-sc/ui?s=ECFL&p=D&yr=0&mn=6&dy=0&id=p67128705821
This one is a good example of a PR HYPE play, just like this one! Major accumulation, (CMF strong with tight PPs stall channel) just before the insiders start their PR blitz!!
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24058845

Insiders (management, VCs, friends ??) are selling retail all the shares they accumulated low, because they knew the company was going to start PRing!!!

As for Entry/exit;
http://stockcharts.com/h-sc/ui?s=ECFL&p=D&yr=0&mn=3&dy=0&id=p17423560401
"NEVER chase a running stock" You can see 2 flags & the 3rd right now!! This one presented a gap, the last day traded. With 2 emotion spikes on the candels before.

IMO sell fast Monday It going to turn and fill that gap.
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Check the PR story to see if there was funding, share restructuring in the past 6 months and check to see if the run started with a blitz of news which was not seen before!

I didn't read the story, just guessing from what I see in the Chart & TA. This needs to be confirmed, fir my darkside eval to be correct. But either way the 3rd flag pattern should turn Monday.

If my expected story is there, you have found a PR HYPE 3 leg 3 month climb play. Remember most fail on leg 2, because the insiders don't have their PRs lined up for month 2.

Because insiders sold all their accumulated, in month one and their real plan for this play was, not to raise cash to grow the company, but to just make money for themselves.

So it is a watch and if the resent climb continues into a second month, you have a temp job swing trading, until the end of month 3.IMO

Some of these play are to sell VC shares at profits, so the VCs will refund month 2 and the company insiders( while hurting retail with the hype) are really trying to grow the company.

The second month shows which is behind the PR hype play. Personal greed or a greedy way to fund growth. Either way it's emotional retail which plays the long & strong bill!