eLec Communications Corp. (ELEC) Message Board

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Technology Stocks : eLec Communications Corp. (ELEC)

ELEC 10.47

0.0%

Jun 6 5:00 PM EST

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To: jef saunders who wrote (287)	8/14/2000 12:03:03 PM
From: warren bostwick	Read Replies (2) of 330

Jef You had bought 500 shares @ $2.00 today. Lets say that ELEC went to $1.50 next week, so now u buy 1000 more shares. ELEC now goes to a dollar a share so now u think that it has hit bottom. So what do you do ? You buy another 1000 shares. It goes up to a dollar fifty, but the fed raises rates and margin calls come in and other companies profits don't meet expectations and some insider trader goes to jail and un related stuff like that. ELEC is now 50 cents a share. Why ?? No Reason. It took a beating for other people sins. The day traders are now playing it for .38 to .50 a share while you site there and watch. Great company, high cash flow, little or no debt, fast growing revenue stream ----- >>>. Feel the pain----- NOW U HAVE TO WAIT WAIT WAIT..

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