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

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

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To: MARK BARGER who wrote (2287)	3/30/1998 11:44:00 AM
From: Craig Schilling	Read Replies (1) of 2841

I've been watching the stock tick by tick. Actually not that much selling is bringing the stock down. Looks like the market makers are letting it drop on any sell order to get all the stop losses to kick in which allows them to buy the stock up. Same thing happened last June and the stock doubled in four months. Watch to see if this turns around today or tomorrow. Gotta love these kind of stocks that can move on small volume. Remember the shorts will cover quickly when it hits their downside target and I'll bet we're close. When this happens you'll see a 20% bounce as they buy stock to replace the borrowed shares. Craig

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