Replies to post #30855 on MyECheck Inc (fka MYEC)

[x-ray-eyes]

Agree......

Although I'm not watching level II that often, I believe the accumulation phase is almost done. We have been held down for weeks and saw millions in t-trades which was capped by the 40 Million share Buy.

If any longs want to add to their stack, they should do so soon. I think these levels will be gone for good very soon.

imo -- glta

[mave_rick]

I Agree My Good Friend:):) I had the same Problem with NT*K where I just could Not stop Buying It and accumulating more and more till Finally after 7 weeks of Buying and Accumulation It started to Move and just Up day after day. I bought the Revenue Turnaround story.

For MYEC I feel exactly the same way. I am buying the Revenue Turnaround story of a company that doesnt have the Operational Costs of a manufacturing company. No Huge Offices or Genius Programmers needed. No New Product Inventions needed since they are sitting on a goldmine Patent that has ALREADY Proven to Produce revenue.

So people are getting Twitchy because we havent had announcements. We either believe in the Revenue Turnaround or we dont. Ed Starrs is working on something and if he has news to announce he will. He certainly will announce the Q2 earnings. He will certainly give some Indication of whatever the Progress has been or some Forward guidance at some point in the near Future.

So Yes we are Buying on the Rumors but every announcement thats Major and of Great Significance with companies Big and small and every Buyout has first been a rumor before it is officially announced:):)

If we wait for the announcements thats fine but then we dont get to buy MYEC shares at .0063 prices :):)

Am I taking a Risk investing in MYEC? Yes Absolutely. I understand there is a Risk reward Here like any other stock out there in the market:)

In the simplest Form, this is a company who already has Revenues, already used to be a Proven Revenue Producer with Agreements and Partnerships and now is Re-birthing in a way and has already announced Relationships and Agreements with BOK, Cardinal, Karmen etc. When actual processing revenues will be generated or in fact if they arent being generated yet and why etc is all going to be clarified sooner than later by Ed Starrs.

At these Prices in .006's MYEC is a Strong BUY IMO Given the Risk reward ratios

Risk Tolerance is Personal. Do whats right for you and take Personal responsibility . But I certainly suggest not listening to Ignorant Bashers who have shown no Definitive Position in a Holding and just speak out of places where the sun doesnt shine:):) No disrespect to people and they are entitled to say what they want. My only point is lets take Personal responsibility and Decide what we Believe and then Take ACTION:):)

Good Luck Friends and All IMO