Uh, Torus...
Are you sure you aren't part of this merry band with your well honed group tactics? I will give you the benefit of the doubt, but you are rushing to judgment on areas you still cannot know about.
First, this company has in fact made their SEC filings, maybe not perfectly, and maybe not all on time, but they have made SEC filings. I suggest you bookmark www.freeedgar.com Put in ECNC on the search engine and then read the many SEC filings this company has made.
Second, you assume the nonsense spewing from these shorts is true. Nothing has been proven. This entire game is about mind manipulation. These professional shorts are expert at manipulating weak, unsophisticated minds to think the company is terrible. Why? Because they will make loads of money when the weak hands sell and drive down the price. I suggest you download tactics of MMs and other profiling for this game that you are now part of.
Sure, this stock took off, but it took off because it was all the rage on many message boards because of the swipe technology. A revolutionary way to handle transactions on the net with much greater security than typing the numbers in manually which could either be picked up by keyloggers or hacking different merchant sites. When the thefts are discovered usually only after your statement arrives, it may be too late. With swipe technology, only the end user bank sees the info which is separately verified by a PIN. The card number is not stored with the merchant and is never typed into a page or browser. This is the enhanced security that banks should be and likely are dying for right now.
Do your own DD, but never listen to a short who has one thing in mind: destoyiung a good company for their own financial gain. Good luck. |