My God ..... some messages ...like yours in particular, make me think .... who the hell are some of you people. This company announced earnings only last Thursday .... what, you want to be a millionare? Overnight? Get on the game show then .... this is the stock market, and your playing with some of the smartest people on earth. And they want to take your money. Do you get that yet?
This stock has not announced any actual earnings numbers since mid last last year. It went up to a buck twenty on hope and speculation. And then without any newer numbers for half a year, it fell back to 60 cents on fear. Now they finaly announced something .... something good, and you want it to be your pot of gold overnight.
You either get a clue as to how the markets work, or it's going to eat you for breakfast. IMO this stock has the potential to make you alot of money. You best learn more about how the markets work while you still have some money to trade with.
Dont waste your typing time. There are some posters on this board that must be in grade school. You never know who you are talking to. I am very happy with the profit they reported. There appears to be an extroadinary item that increased the profit but they were still profitable none the less. Im not sure how many shares are in the float at the end of that quarter. The only concern I have is that the float really increased in the 1st quarter of 2004. But as long as there is a profit the stock should move higher. Its times like these where you compare a small profitable company like ECGI to a BFUN or some of the other goofy high fliers and you wonder, is the price of the stock so low becasue I own it?? I see this stock as an easy winner. Once they get their reputation back its a 6-8 dollar stock.
BFUN now that is a mystery! Went up on a buyout hype and is staying above 1.00 on nothing, nada, they were approching BR. before the buyout hype. AKLM shows much more potential but still trading under 1.00. Go figure. I own AKLM and a 1 yr. extension on staying listed announced Fri. and it did just like ECGI. A short lift up and then a sell off. Both AKLM and ECGI will prosper much more than these hyped stocks in the long run.