Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Hunter Vann who wrote (2685)	7/14/1998 8:19:00 AM
From: MARK BARGER	Respond to of 2841

Nice little rebound for ECGOF on Monday. I sold what I thought was all of my ECGOF position shortly after they missed the infamous $1.20 earnings projection. I got a call from my banker last week to tell me that I had a margin problem with a brokerage acct. that's tied in to my personal checking acct. It turns out that once ECGOF dropped below $5 last week it was no longer marginable. I'm sure I'm not the only shareholder who had to dump shares because of margins requirement problems. For me it was only a couple hundred shares, and I stalled off selling them until today, so hopefully I got $5+ for them. At any rate, I'm sure margin related selling attributed to the big crash of last week. As someone else mentioned, this cat ain't dead yet. I still say, heads need to roll in the top management. Good luck to all Mark

To: Hunter Vann who wrote (2685)	7/14/1998 1:25:00 PM
From: Joe Hoek	Read Replies (1) \| Respond to of 2841

Well I'm out. Saw it drop below 5 and put in a order to sell at 5. Strange the price was 4 3/4 x 5 then 4 13/16 x 5 and it sold at 5. Strange, but I'm not complaining. At least I didn't get squeezed into selling at 3 1/2. Good luck to all still holding on - I'm looking for greener pastures to recoup in and will continue to watch. Thanks for all the good information posted, but I must say that if this thread didn't have good people on it I probably would have sold at 9 or so, but I believed in this company as many of you had. Joe Ho‰k