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

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To: Ronald P. Margraf Sr. who wrote (2905)10/20/1999 9:27:00 AM
From: SCOOBEY-DO  Read Replies (1) of 18222
 
Hi Ron,

Thank you very much for the tech information on ECNC. I wish that I could understand it better. It makes me mad that I could pass my CPA exam but I can not connect with the charts. I know that I have to try harder.

Is the ADR/ADX the comparison of the short term and long term running averages of the stock price? I have seen on ClearStation that if the short term line crosses to the up side of the long term line, that the stock is given a green rating as opposed to the red rating. I felt that if that happened, the stock price had already started it's move and the chart was just confirming the fact. How do you see it? Am I missing something or am I completely off base?

With the price of ECNC continuing to drop, I feel that there are still more sellers, no matter what the price, than buyers. Who ever these sellers are, I don't think that they are selling to capture a profit. I wonder what is motivating them to sell?

I am happy to hear that the charts are showing signs of a small price recovery. I hope that Tom brings in enough strong hands to hold that price and that he releases news that will bring in new investors.

Scoob
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