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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.875+3.3%1:19 PM EST

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To: david james who wrote (1)4/17/1997 11:52:00 PM
From: NW_Trader   of 2841
 
Thanks david:
I'll continue my DD, but this is a tremendous start.
Interestingly, I got a call from a casual broker-friend (is that an oxymoron?) with HJ Meyers pumping ECGOF. He's aware of my investments in GRNO, DBDY and interest in some other "eco stocks" and wanted me to buy in now before it "popped". Ruined his day by telling him I was already aware of the company. Unfortunately he wasn't too specific for why it was about to pop, though there is some in-house report apparently. Turned out I knew more than he, but told him I thought it did indeed have potential.
Any thoughts about why Meyers is pushing this stock? I confess I get a bit uneasy when brokerage firms start calling and trying to move inventory. IMHO&E, stocks do poorly short term when they trade at lower volumes and brokerages are unloading. ECOGF's volumes are bettter than 100K, still.......
Happy investing - Patrick
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