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Garyst

10/06/11 8:35 PM

#16717 RE: pauljack13 #16716

Pauljack... So many of these Pennies move on speculation alone and skyrocket. Up until last Friday we saw two weeks of that here in EGOC. Now, I will admit; 4 of the past 5 days have been down. While not so for many of us; EGOC is still up several 100 percent from just a month ago. Eventually the ratio of Buyers will again outnumber sellers and we'll move up. I know it is frustrating but again, we just came off of a huge run so I do not read anything major into this small correction we have experienced starting last Friday and running into this week. JMO.
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didgi69

10/06/11 8:43 PM

#16720 RE: pauljack13 #16716

thats it ,hes right
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realwill

10/06/11 8:45 PM

#16721 RE: pauljack13 #16716

It would be a penny right now. And most people know that. Flippers and games being played for shares from are the losers who are selling.
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Johnnycombat10

10/06/11 9:20 PM

#16735 RE: pauljack13 #16716

Here's the long and short of it.

It's a penny stock which is a starter in Green Technolgy, but still a penny stock.

Investors play from three direction with this type of company.

First way.
Bet on the product and the companys ability to get it to market. If the product is successful, Tiers change, and it grows its PPS from the companys financials and future earnings over time.

Second way.
Invest in the idea that other investors will top your share price costs, whatever that may be, and wait for the PPS to rise, and take profits.

Third way.
Drive yourself crazy from day to day, thinking that a penny stock can make really big upward moves every day. This does not happen very often!

IF THE PRODUCT IS REAL, IT WORKS AND IS IN DEMAND, YOU WILL MAKE MONEY WITH IT.