quote:Originally posted by rocked: I'm loving this stock, so im stayin too
Why? I'm doing DD and I see nothing yet, what makes it appealing?
I'm also trying to find why to hold it to 50 cents. The last time it saw that level was the week of Feb 10, 2003 when it dropped from 65 cents to 35 cents on 100 shares.
Maybe I'm too new to see it. I could understand it as a momentum play, or news, but man I can't find it.
-------------------- Before you criticize someone, try walking a mile in their shoes, then when you do, you'll be a mile away and have their shoes.
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quote:Originally posted by rocked: I'm loving this stock, so im stayin too
Why? I'm doing DD and I see nothing yet, what makes it appealing?
I'm also trying to find why to hold it to 50 cents. The last time it saw that level was the week of Feb 10, 2003 when it dropped from 65 cents to 35 cents on 100 shares.
Maybe I'm too new to see it. I could understand it as a momentum play, or news, but man I can't find it.
They're just pumping hard!!! GLTA
Vagabond
-------------------- You are what you do, not what you say!
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posted
This stock doesn't need pumping.. Just needs a little trust or guts. If you've already made some free money from another stock, it shouldn't be difficult to take some risks. I did. This is the time you get in, not when it starts ralliying.. Remember the the first page of the post. When I got in, it was so quiet but then people started to panic to buy. It wasn't valuable first but then suddenly valuable. It's a rally physchology that I try to avoid. It's better to wait then try to catch the stock.
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I got that while ago at 0.03 before the rally and after that it did 3 rally's where I flipped and increased my shares. It will continue to move. Similar stock .. no news or volume.
These are manipulation stocks. You just need to take advantage of stocks like this. They usually sleep for a long time and then pop-up and create a slow trend.
ECTA's rally is more aggressive. 0.50 should be easy due to low share count.
I respect your concerns. But this is half gambling. If you're smart on it, you make money.
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ECTA was formely named ASGA Inc. Now, I have this SEC filing http://sec.gov/Archives/edgar/data/1072971/000133321905000001/xslF345X02/primary _doc.xml about Greenworldwide Inc. which also shows ASGA, Inc as the reporting company. Ticker GRWW. I believe this is a mirror company they use for manipulation. Check out the May 8 volume spike on both stocks.. Is that coincident..It's NOT.
I know because, DVFN had the same manipulation with DKDY. They both owned by same holding but nobody knows unless you do research.
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posted
And what they do.. They sell off one stock and buy the other and therefore pump it and sell it high and buy back the other one and sell it high..etc.. This is how they raise capital or perhaps do money laundring .. who knows...
Bottom line is if ECTA is being manipulated then the price should move to a satisfactory level with a good average volume.
Volume is building but not satisfactory. Should be around 1 million daily average.
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Vagabond
