American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 2.120

+9.3%

Dec 5 9:30 AM EST

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To: NAG1 who wrote (2833)	12/12/1999 1:15:00 PM
From: snake	of 2841

Neal...I really dont know about tax loss selling being the reason...certainly is a point to consider being that it looks safe to sell now and rebuy in 31 days at probably the same price...but ,while I dont think anyone would consider ECGO as a good investment right now ,what with all the better opportunities out there, ECGO still is a going concern and has revenues much higher than other higher priced securities and at present it is a true GRAHAM stock with a book value of $3.87...the TA looks bad ...but is in the oversold area.....Im watching for a move in the price up thru the 50 day MA...and a profitable quarter...then Ill be a buyer...

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