Ecm Trading.....................................
You all might find the chart on Ecm quite interesting. The summer of last year it had a very identical trading pattern. It hit a low of around 1.08-1.10. Bounced back to 1.60, and back to 1.20...Bounced to 1.80..then bounced bck to around 1.20-1.25...then it ran in early September to around 2.40 after the summer drill results......bounced again back to 1.20....and again upward.....
You can find the chart on Stockwatch, I hope everyone see's my point...This stock is mulipulated by house (16). For the past 4-5 trading days house (16) has been heavy on the buy side, with a few sell's as well. They make sure the stock stays where it is until they are ready to move it upward again....Take for example today..June 24,1997 trading.....It upticks to 1.15 and house (16) comes along and puts 7800 shares for sale at 1.10, and they continue to buy the stock at 1.06 & 1.07 & 1.08.....
Do not fall for this game, they want us to think the stock is weak so we all sell our shares to them....they keep this up and they can accumulate a nice position of around 200,000-300,000 shares in a matter of a few days, in the price range of 1.05-1.10. They move it up to 1.30-1.75, they can turn a nice trading profit of $150,000.00. This is how the game works, particularlly when the stock has some substance to it, which Ecm has..2,000,000 + ounces proven gold. Look at the chart and you will see what I mean......Vandek..just my thoughts |
