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Non-Tech : e-Vegas.com (EVCM) formerly ECGC
EVCM 11.42+1.8%12:16 PM EST

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To: hotstox who wrote (16)7/22/1999 11:01:00 PM
From: BlueIce  Read Replies (1) of 207
 
I've been following this company for a while and bought in at over $1.00. Everything looked good back then and their recent progress makes the company look great now. However, how come the share price is moving in the wrong direction and why is the short volume so high?

I'd like to hear from anyone shorting the stock or wants to play devil's advocate for a minute. If everything looks so good, why isn't this company trading at a much higher price like many other Internet stocks? EVCM has good directors, good infrastructure and plenty of promotions. What is wrong with this scenario? It can't be nothing or else the stock wouldn't be at this level. The only thing I can see is they're spending a lot of money and are probably deep in red ink. If their big marketing pitch fails to attract visitors, then they will have spent an unnecessary fortune.

I came from over $1.00 and am looking to ride it back up to break even. I thought about averaging down at this level, but the market must be forecasting something that I haven't clued in on to be down at this level.
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