Monday! I was in several stocks in this same situation, Nasdaq doesn't wai too long to notify the company, infact they probably got the fax today. News on Monday is my guess. Notice that after the 10 days were finished, not a lot of buying or selling. I think that is a good thing. Buyers will pile in on the news though. Monday even if the news does not come should be a good day, cause the news will
be soon enough then. Wednesday at the latest. That would be even better for those holding. Build the base baby!
Agreed. I've been sitting on this a few weeks. Wanted to get in some quick gains from others on monday and tuesday...hopefully ;o)
I'll be back in ecgi asap, don't wanna miss it.
Once it breaks resistance at 1.20 it should rocket like a bat out of hell.
I'm just hoping the mm's will base this thing here for a few more days to a week.
Nothing wrong with having a bigger base anyways
Earnings should come out soon aswell
It seems as though they wanted this to go lower but the sellers never showed. Volume was light as if everyone is waiting for the news. Smart money started positioning last week and early monday I think the volume will increase as buyers push this higher till news. Once the news hits then BOOM! Not trying to pump just beleive what I'm seeing in the chart! 1.50 not too far away. GL all
I think the compliance news release is a mere formality at this point, and won't affect the price beyond a few pennies. With that said, however, I am very bullish on the near term and long term prospects of this stock. I think $1.50 by the end of the year is a given. Patience will be rewarded.
CRDM had the compliance news last week and there was a little surge that lasted about 15 minutes. If think it went from about 1.10 to 1.16 almost instantly, and a few minutes later, a bunch of programmed sell orders at 1.15 kicked in and the stock dropped right back where it was.
CRDM got their 10 day/$1 news this week, They released the official "receipt of NAZ" letter on 3rd business day after the 10 day above $1 period. Monday would be 3rd business day for ECGI