What a great day for ECGI. Anyones thoughts? I think this is a company that will be here for a long time. I am considering buying in tomorrow as it was on my radar....but now Im not sure if its too late. Anyone think this will retrace? I know long term its solid! GOOD TRADING!!!!
Posted by Chicoman on :
Jumped in and out of this one yesterday on a quick daytrade. I'd expect it to drop slightly here could even dip back to low to mid $.80's in the days ahead which is where it was yesterday before the pop. It is a good company with a good future tho.
Don't see much of interest today...but it's early and I'm still lookin.
Posted by qqqtrader on :
Wow! Im really happy I stayed on the side lines for this (but real close to getting in). Does anyone know what happened today? I couldnt find any news to compliment todays action. High volume with a 25% decline. What did I miss?
Posted by Art on :
Probably panic sell off.
Posted by Chicoman on :
14MM shares added to the float and $11.7MM cash raised for it. The company intends to use the cash for acquisitions to enhance shareholder value. It was a panic selloff and it doesn't dilute the value very much IMO.
Posted by Art on :
Thanks Chicoman for the info on this thread, and the other thread on ECGI you started.
I am in at .74 and like it much over coming weeks.