I was talking about this board... HAS declined... 100% agreed with you about Echo board... that is a HAD declined.
Thank you all for the comments. Not because they are positive, but because they are thoughtful. (the fact I see them as positive doesn't hurt) The board has declined into a posturing and name calling collection of noisemakers. It is nice to see some thoughtful investors still here. I wish good luck and good health to all.
As of December 31... everyone had been recently terminated and were in the process of being rehired. Also, where did you read that these people got "big raises" ??
Agreed... small float.... easily moved.
That being said... I also think it would be good since the filing to schedule another conference call. Sometimes ownership of a stock like this is based on confidence, Information is a free way to inspire confidence.
agreed... I was very happy that there were no statements about previously unknown problems.... always worried about them saying that when they opened the money drawer... it was empty
Financing will be an issue. I hope other things are moving forward.
PS... I hate this when the board degrades to name calling. it WAS a decent board and we shared real information during the hard times. Now we have too many that speak volumes and share nothing. If we were conversing... it would be called foot in mouth disease, Not sure what to call it here.
Not to defend Huntley... because we differ in opinion greatly. But being in at $4.50 average shows he has held on for a long time. I am not quite as bad off but probably because I am in a little later. This has been a company that for years had a great idea but shareholders didnt learn how bad management was until things got tight. You guys that are in this thing fairly new have a potential opportunity. Just not 100% sure yet whether it is a bad one or a good one.
I think even the cricket left... Wow... this can be a dead land when no news is on the table. Still surprised that the last news didnt stir more interest. Although, my hat is off to whomever is playing the share price up and back. You are making money but it is hard in this tight range and quick moves to stay ahead of.
yes, you are correct about that.... and also included his email address. I was happy at that time that he was that open. A totally new way for ECHO. I liked the last press release. I think many of us are still stuck in the mistrust that surrounded the company from before. Nothing wrong with caution...but
ok... what am I missing. I was busy all day and all I managed to do was add to my position when it dropped below .18. Now I see this news and I would figure that I timed things well... There was a bit of action on the news, but anemic at best. .... What did everyone else see that I missed? I know it is vague, but from what we have gotten from this group in the past, this is great detail. Certainly better news than shuttering and selling off the leftovers.
As far as the open, I dont consider it much other than someone got it at a good price. I hatre to chase things at any price. I would imagine that until news becomes prevalent, there are only a handful of us that trade in this stock. They may not have finished their coffee yet ;)
But if it dips at the open on no news...I am back in... loved getting the swing right this time. Helps make up for the long term losses if she goes belly up.
although the 13D does state that the shares were bought partially with margin funds,,, I did not see anything that indicates that it was sold due to "margin call" an intelligent extrapolation... but an extrapolation none the less. There are lots of good and smart people on these boards that seek only information here. I always look to see if there are things that I have missed, such as the statements inferred above. I think the short message is... fewer insults and more searching the information available from all sources will make a difference for all of us. GLTA
I really need to hear the response to this one.... two aces laid on the table now who has the next high card.