dancing don't get me wrong. I do see better times ahead for ECTE and us longs. I wont even call it a #$%$ show because I believe Platinum saved the company and the new management team has turned it around. All good imo. I am long and staying long and did buy more shares down around $1 getting my avg down. The way I see it though is that this used to be a $45 stock and it has potential to go back there. That means a $1 move means nothing when you consider the rebound potential. Yes $1 is up 40%. Okay. But lets dont lose sight that ECTE should be able to go back to where it was $45 and more because the company is stronger, it has all new people, it has no more infighting, it has a next generation device finished, a China partner about to start trials and other good changes. To me that means the stock should be getting back to those $20 to $40 levels where it was. then I will get excited. I am not selling one share, not one. I'm just not ready to get excited thats all.
It has a long way to go before I get excited. This stock was up at $30 and $40 after you adjust for the split. When it gets back to $10 and is on the way to $20 then I wil be happy. Jumping $1 doesn't excite me too much.