posted
Foge, based off today, .30 seems reasonable. But why? Big rookie who just starting thinking about buying stock about a month ago, but from what I've read all the articals make this stock look strong...until today that is.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
Hold? What! Am I missing something here? If Foge is right and it drops to .30 then splits to .03 (assuming you're still holding your stock from today) wouldn't it need to increase over 600% just to get back to where it closed today at 1.26?
Again, I assure you I'm a rookie, but that's the simple math in my head (actually a calc). It doesn't seem reasable that you'd hold on to a stock through an 85% drop, just to hope for a 600+% increase. Would those with more sense then me please apply some rational here. Is there a history of stocks like this? Thanks
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
i dont know what you guys are crying about i dont know if you have seen the after market trading its up again * 1.76 and it will go up again you will see 4.00 soon
Posts: 23 | From: ny | Registered: Aug 2006
| IP: Logged |
posted
Nice rebound today up to 1.81. Not quite where we started yesterday, but there's still tomorrow.
Blanco, how do check aftermarket trading? In your opinion, is that a indication of what's going to happen the next day?
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
CNNMoney shows after hours trading. ecfl.pk is down in the after hours market. Not sure what to take from that. Looking for others opinions.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
Wow! Nice jump this morning to 2.40, Currently back at 2.00, but maybe we'll see some end of day action again like yesterday.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
I've never seen what happens before a stock splits. This one is supposed to split 10 for 1 on Friday. I guess I'm expecting a big day tomorrow. After that it climbs right back up to 2 bucks right!!!
Should I be putting this in a newbie forumn?
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
im not even going to lie, this is a fun stock to trade . . . up and down up and down!! only 2 more days til the split so expect alot of buying tomorrow and friday. they also have cars listed on EBAY now 177 of them. www.ecarfly.com check out the site its pretty tight lookin at cars they have on ebay since its set up really nice
this will hit $3 withing the next to days ez %50 gain
-------------------- who says you cant trade stocks at 17!!? Posts: 288 | From: Wisconsin | Registered: Apr 2006
| IP: Logged |
quote:Originally posted by lwtebo: Hold? What! Am I missing something here? If Foge is right and it drops to .30 then splits to .03 (assuming you're still holding your stock from today) wouldn't it need to increase over 600% just to get back to where it closed today at 1.26?
Again, I assure you I'm a rookie, but that's the simple math in my head (actually a calc). It doesn't seem reasable that you'd hold on to a stock through an 85% drop, just to hope for a 600+% increase. Would those with more sense then me please apply some rational here. Is there a history of stocks like this? Thanks
Yes and no. When a stock splits, you also get more shares.
So for simplicity reason lets think you have a stock worth 10 bucks and gets a forward 10-1 split. Now one share is worth 1 dollar, however you will now own 10 shares. So, despite common belief, a stock split doesnt do anything to the bottom line.
However a stock split usually (not in this case) is an indicator of a good run, and the management decides to split the stock so that it can become more liquid and appealeable to the investors.
thats my ten cents!!!
Posts: 149 | From: Salt Lake City | Registered: Aug 2006
| IP: Logged |
posted
Vinnie, I could be wrong here, but I got the feeling in that last post that you don't feel this split is a good thing or at least warranted
I guess "overwhelming interest and demand" could just be the CEO's opinion and not an indication of where the stock is headed.
"Due to the overwhelming interest and demand in our company, we have collectively decided to reward our current shareholders and prospective investors with a forward stock split," stated Desmond Milligan, eCarfly, Inc. CEO
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
Nice scientific study you got there. I bet the pros rely on that site. I don't think it needs my vote. I'm just learning the trade, not predicting it...yet. Give me 10 years.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
eCarfly Engages into Operating Agreement with eAutoDrop Selling 6 Vehicles in First Week of Operation Thursday August 31, 6:00 am ET
DALLAS--(BUSINESS WIRE)--Aug. 31, 2006--eCarfly, Inc. (Pink Sheets: ECFL - News) announced today the company entered into an operating agreement with eAutoDrop, while acquisition documents are finalized.
Ohio Luxury Cars (www.ohioluxurycars.com), located outside of Cleveland, Ohio and the country's first operational eAutoDrop (www.eautodropofcleveland.com) location has successfully sold 6 live auction listings this week utilizing state-of-the-art online auction software.
Ohio Luxury Cars offers the newest in selling and consignment services as the country's first eAutoDrop dealer. Our high feedback rating enables us to obtain top-dollar for your vehicle. Make thousands over traditional dealership trade-in and turn that car into cash! Simply bring it, list it and sell it!
"Entering into this agreement with eAutoDrop fuels momentum for both companies. We're excited to be working with such a dedicated team of professionals," stated eCarfly's CEO Desmond Milligan.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
hmmm, WTH? I would have thought the news of selling cars would be a good thing. I don't get it.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
a good thing? why? what is 6 cars? a 100 would've been decent news but certainly not 6
Posts: 23 | From: ny | Registered: Aug 2006
| IP: Logged |
posted
Ya gotta start somewhere. 6 sold out of how many listings? It doesn't say. Could be 6 for 6 for all we know. Could be 6 for 1000. All I'm saying is the acquisition docs aren't even done and they're already selling cars. Building report.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
LOL, I got a paid pumper fax on this a little more than a week ago. They gave a $6 target. lol
I just grabbed the mailer out of my desk drawer, thought this symbol sounded familiar.
They claimed a recent price of .50.
-------------------- You agree not to post any material which is knowingly false and/or defamatory, inaccurate. Posts: 149 | From: I'm in a NY state of mind | Registered: Aug 2006
| IP: Logged |
-------------------- You agree not to post any material which is knowingly false and/or defamatory, inaccurate. Posts: 149 | From: I'm in a NY state of mind | Registered: Aug 2006
| IP: Logged |
DALLAS--(BUSINESS WIRE)--Sept. 1, 2006--eCarfly, Inc. (Pink Sheets:ECFL - News) today announced the postponement of the 10-for-1 forward stock split of the outstanding shares of its common stock. An announcement of the new record date and the new effective date for the stock split will be forthcoming.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
I'm not buying it, but there could be some decent day trades in there.
I'm more of a swing trader.
-------------------- You agree not to post any material which is knowingly false and/or defamatory, inaccurate. Posts: 149 | From: I'm in a NY state of mind | Registered: Aug 2006
| IP: Logged |
posted
I did (first straight stock buy for myself), but I'm out for a loss. I tried to time ups and downs, but my execution left a little something to be desired.
Where to go from here?
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
Is this company in addition to Ebay motors, or do they sell on Ebay motors?
-------------------- You agree not to post any material which is knowingly false and/or defamatory, inaccurate. Posts: 149 | From: I'm in a NY state of mind | Registered: Aug 2006
| IP: Logged |
There was another article somewhere that was dicussing online vehicle sales in general that also mentioned ecarfly, but I can't find it right now. About the only thing I remember from it was that the growth of online car sales was pretty stagerring and that Ebay out sells, Cars.com, Autotrader.com and some other company combined.
Posts: 36 | From: Co Springs | Registered: Aug 2006
| IP: Logged |
posted
It's been down so much recently, maybe the fact that they're holding off on the split is a good thing. I'd like to wait until after the split to sell my shares. I'm already seeing a loss, but how much can we trust that $6 target?
Posts: 13 | Registered: Aug 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
