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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?


To: MARK BARGER who wrote (1250)12/12/1997 12:15:00 PM
From: Harry_Behemoth  Read Replies (2) | Respond to of 2841
 
This stream of good news will keep the long-termers comfortable with this investment -- unhappy with the stock price, but no panic.

Are earnings releases spread evenly throughout the year? If so, next one should be mid January.



To: MARK BARGER who wrote (1250)12/12/1997 1:06:00 PM
From: Nero  Respond to of 2841
 
I ran into this post by someone with a crystal ball back in June. Thought you might need a shot in the arm from the past:)

<<I have been following this thread for several months and watched in wonderment as ecgof has continually signed significant new contracts, signed up a big 6 accounting firm to "validate" their impressive revenue growth figures, had continual insider buying, and yet the stock price has slid from 8 to 6. I have read and reread the 1996 annual report followed this SI thread and the AOL motleyfool ecgof thread to garner any insight to determine who is right? the shorts or the longs.

I feel very good today as a topped out my Brown and co. margin acct. with a sizable (for me) purchase of ECGOF at $7 a share. IMO this stock has weathered the storm and could easily be a $10 or $12 stock by year end.

Anyway, I appreciate all the input form the contributors of this thread. GO ECGOF!

Mark Barger>>



To: MARK BARGER who wrote (1250)12/12/1997 3:10:00 PM
From: Francois H. Gaston  Read Replies (1) | Respond to of 2841
 
Mark you said: <<Boy, the stock cannot make any head way at all today. Somebody has been unloading pretty steady at 9 7/8 I just saw 15,000 shares go by at the bid. Could be some more margin call pressure also today.>>
Personally, I still like that volume ( > 300,000 shares traded) and ECGOF NOT diving. There are therefore many buyers here, who are collecting these dumped shares. In the last two days we have found some floor (albeit still unstable) and the stock has solidified its position in the high 9s....for a leg up, hopefully quite soon... (I hope). Remember: even if we close at 9 7/8 with 400,000 shares traded, this would mean serious accumulation and NOT distribution.
Gaston