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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: M Vavolizza who wrote (2314)9/15/1999 4:33:00 PM
From: SCOOBEY-DO  Read Replies (2) of 18222
 
Declining price with low volume is not catastrophic

You are correct, Manny. Once the stock stops moving up on momentum and investors start taking profits, the volume drops off and so does the price.

It is very natural for the price to drop when there is no volume. The MM are doing their job when they reduce the price of a stock until a new market for the stock comes alive.

The question that every one has today is - where is the bottom for ECNC? I thought that the bottom would have been $0.33 but it wasn't.

At some point, we all know that ECNC and the investment community will find each other and ECNC will reach new highs. I am waiting for that day.

Scoobey
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