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


To: tom pope who wrote (2188)3/19/1998 8:54:00 PM
From: WhySoSoon  Read Replies (1) | Respond to of 2841
 
I agree. The amount of post drops substantially since the CC. This stock is now trading based on technical indicators more than ever. It did break the support level intraday but bounced right back to close above the December low with huge volume. It is still very unsettle and we can see the struggle between the bulls and bears at this level. Put aside the agony, it is very interesting to watch the movement of this stock these days. I cannot tell which way will this stock go, may be it will trade in a trading range once it finds its support. I also learn an important lesson. It is almost a disaster to any stock with late reporting because there must be something wrong otherwise they will report on time.



To: tom pope who wrote (2188)3/20/1998 11:31:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 2841
 
Eco remains a great value play. Look around and smell the comparative PE's. Who knows what will happen in the short run, but over time, a low PE stock with growing earnings offers wonderful opportunity. I'm looking to buy more if the stock weakens further.
Baird