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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » ECFL >>> Merger news !! (Page 4)

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Author Topic: ECFL >>> Merger news !!
jas2mel
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why would you sell at .0205 on a merger signing? just curios. What % are you guys expecting on this?
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moneymaker07
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I'm in at 021 and i'm a newbie so i dont know for sure....
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jas2mel
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Is this definitive and binding or preliminary the PR has some grey area
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Homersbud
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quote:
Originally posted by jas2mel:
why would you sell at .0205 on a merger signing? just curios. What % are you guys expecting on this?

Because I watched the L2's and I saw tons and tons of buys going thru but none of the MM's would drop off the ASK, so instead of being a bagholder, I get my crappy little profit and move on. Sometimes it comes back to haunt me (like today) other times I make the right decision because the stock just tanks (GHTI prime example)

0215x22 1x3

This needs to break 023 (50 MA) before it can go anywhere. Bounched it head up against it 2x, but couldn't break, maybe 3rd time is the charm!

Good luck!

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moneymaker07
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I'm glad i stuck with this.... its moving nicely
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jas2mel
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and we are off to the races. Still wish i new if this was the binding agreement
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Homersbud
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lol...damn!

024x0245 2x1

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moneymaker07
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What are you looking to get out at??
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jas2mel
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not looking this was just preliminary signing not actual legal signing
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quixotic
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quote:
Originally posted by Homersbud:
Because I watched the L2's and I saw tons and tons of buys going thru but none of the MM's would drop off the ASK, so instead of being a bagholder, I get my crappy little profit and move on. Sometimes it comes back to haunt me (like today) other times I make the right decision because the stock just tanks (GHTI prime example)

0215x22 1x3

This needs to break 023 (50 MA) before it can go anywhere. Bounched it head up against it 2x, but couldn't break, maybe 3rd time is the charm!

Good luck!

IMHO right on, I agree there is a chance it could run, but used car company turns oil and gas shell is like throwing down a hand at a casino, you are either right or wrong, no real angle to play. I sold early today but the only loss was more profit, no capitol. There will be others, why risk the capitol on a potential set of snake eyes here? I am a walmart kind of consumer, my brand loyalty extends only to my money [Wink] The time to move was right for better or worse.
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Golf57
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Does anybody think this is going to gap on Mon??
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Firedog
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I agree with what is posted above it is a gamble IMO, which I am making. I guess we will all know early Mon before open. If anyone has any insite I would like to hear it as well. Does anyone know about the holdings of the Co. ?

--------------------
Must be an easier way!
Disclaimer: Don't buy or sell on my advice I am not a licensed broker.

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jas2mel
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Hard to tell but I can tell yah that we spoke to CEO today and it was very Pos. All I can say is expect multiple PR's next week. [Smile]
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Firedog
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Good news jas2mel thanks. [Smile]

--------------------
Must be an easier way!
Disclaimer: Don't buy or sell on my advice I am not a licensed broker.

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jas2mel
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Firedog check out the ECFL thread post with Magnum info on it. Alot of us from IHub DD the company, ceo's board members, capitol holdings and outlooks for Magnum,subsidiaries, and partners. Some interesting info.
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Firedog
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OK thanks.

--------------------
Must be an easier way!
Disclaimer: Don't buy or sell on my advice I am not a licensed broker.

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