Thin float stocks like ECTE will make you a lot of money
Good news moves them big time. This stock was $40 in 2011. The company has been working 10 years for their first approval.should. They should get that next month in Europe. Imho the stock should begin to head back to $40 on the approval. I picked up 5400 shares today and plan on having 10000 before approval. gltal
There is no dilution with ECTE. Only 11 million shares out. I own healthcare stocks with 300 or 400 million shares out. Management is getting better too. The old CEO is gone. The biggest stockowner is a new director. The stock was $44 before waiting for approval. If it gets approved in April we could see $50 or $60 within a year.