ECNC (OTC:BB) - eConnect Message Board

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

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To: SCOOBEY-DO who wrote (2562)	9/29/1999 12:55:00 PM
From: Jorjenzak	Read Replies (1) of 18222

One theory...shorts seeing the trend will reverse and are covering and cashing in....sold shares high a couple weeks ago and now the bottom approaches (based upon last low of .15) and time to cover and wait for the next run to sell high again.....loading up. Their offers are low to maximize return....MM's are only glad to play into it by letting stock drift down so they can hit a level to generate volume (that's where their commissions come in) and weak hands are bailing. That is where the shares are coming from....weak hands...and with out dilution there are plenty of shares in the float to allow for MANY weak hands.... I suspect alot bought into the momo we had going a short time ago...did not know anything about us really and now are bailing out....perfect for shorts and MM's to make their $$. This is how the system works for the short term turkeys. just a thought.

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