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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect
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To: LORD ERNIE who wrote (488)7/22/1999 6:28:00 PM
From: steveK.  Read Replies (2) of 18222
 
Lord Ernie-thanks for the response.I would appreciate what you hear.

Jorj-thanks for the welcome back amigo.Great job directing traffic.

Manny V.-welcome to our board.I heard you are in there "swinging the bat" for ECNC.Good for you-and us.

Well,interesting to say the least re:today's trading.At least we are moving north right now.This is the preferred course of direction.

Some serious volume this week.Especially for a stock with a float of around 5.5Mil.I believe the MM's have done a decent job of holding us in the .30's.The.40's and .50's-another matter.

If you look at volume for just the last three trading days,I see almost 2Mil.traded.For the week-close to it.That's almost 35-40% of the float traded already this week.If it was daytraders,seems to me they would have left alot more abruptly-and left us looking closer to .30 than .40.Some people this AM made 10-20%,some(from Mon.)made even more.In less than a week.Some profit taking-understandable.This is to be expected to a degree until we become even more defined in our direction and execution of plans(deals,agreements,contracts,etc.)

Don't misunderstand me-I want the volume.It means newer holders,stronger support,and more EXPOSURE.It's just that we all need to understand it comes with a little bit of a price as well.If things continue,I'm sure we can also expect some bashers to return as well.With their own agendas.Also,are the shorts history?I wouldn't gloat just yet.

Let's stay smart-and patient.Still long.

OK-enough of me for right now.

Happy Returns-

stevek.
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