forgetting the fact the market is at least 50percent luck here we go.For some reason unknown to man we have an offering and for a few days it sits way above the offering price.Unheard of like most of us posted. Oh wait this is ecty.Just wait a few days and more then likely u will get ylur buyin price.They do an offering,okay ravi signalled it on the last cc but at a 20percent discount to the mkt.way too much. Okay boys and girls who go into the offering time to short it and guaranty a profit.hmm And then another cpats ALWAYS EXPECT THE UNEXPECTED.ECTYS 2ND LARGEST HOLDER STARTS DUMPING.folks u cant make this stuff up.And today they took this thing down almost 10percent at one point in the day under the offering price.Folks this is not a small biotech co where you would expect this but a leader in its field.
Thanks CPA. I love how you always say expect the unexpected lol. You are right. This is not a biotech company. However it is a developmental stage company, in a new industry. There is lots of potential, however being this is still a very new industry, not just Ecotality, but others in this sector are going to have to prove over and over again that this is for real. I think there could continue to be lots of volatility until ecty is not just profitable once, but 3 or 4 consecutive quarters in a row before it calms down. People need to see that what is happing in the field is not just something we can see, but something that is starting to bring in the money over and over again consistently. And if it can do it under the stress of a bad market, that would be huge! Still this is all down the road. Short term volatility will persist for sometime IMO