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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?


To: Derek Owens who wrote (352)3/26/1998 3:37:00 PM
From: rodster397  Read Replies (1) | Respond to of 747
 
Was expected!!!! IECS had a resistance line of 0.28.......without enough support to break that line it had no where to go but down. This should not be a concern. Charts show a 3rd dip in price over 3 month period. With the recent positve news this should result in a return in price possibly breaking the 0.28 resistance line. Actually this has turned into an excellent buying opportunity over the next week.



To: Derek Owens who wrote (352)3/26/1998 11:06:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 747
 
Don't know who followed me, but I certainly prompted the slide. Just after 1300, dropped my ask to .24 and sold out 14,000 shares. Saw BxA immediately drop to .23x.26...and slide from there w/some bigger blocks following mine. Don't know who that was. I still hold 7600 free shares @ $~.17. I'll keep adding to the kitty, as I think there's long term potential. Wish the volume could've minimized my effect.

Comments to the drop being no big deal are correct. But I didn't want to carry the "Cheese & crackers! I should've sold @ .24 when I had a chance!" thoughts tagging me all weekend, while someone did what I did. Needed the cash to play TNRG on the swing up from mid .20's. That's working out too.

Thought letting you all know was fair, and in keeping w/spirit of disseminating info on the stock & its action. Sorry for the stress, but my move today as a trader-wanna-be, should have little affect on the predominantly long term perspectives posting to this thread.