Hi Folks,
You all have to understand that there is absolutely no buying right now in the juniors. This is what allows the big boys to do exactly what coach mentioned place these mckey mouse blocks and push the price lower. If you all noticed that these shares that are being traded at 1.68 or 1.69 1.70 are small lots they are nothing. This means that once the stock regains momentum again and a fraction of the buying power comes back you will see ECU move significantly.
If you do not have magin then you are sitting on a sandy beach but if you play with margin these actions may force you to sell. Those that own 100% of their stock do not be fooled by these games you would be a fool to sell at these prices it is only manipulation. If you own your stock follow Jim sinclaires approach! Keep in mind things change quick and the downside is very minimum from here!
Sit on your hands and never make decsions because of fear always focus on fundementals. They have only got better for this story! If you chose to throw in the towel you are only benefiting teh pigs that play this game stay strong and watch the sentiment change quickly.
Ecu ha approached the oversold position based on the T.A this is very bullish signal for the investors that follow technical trends. I have seen it several times as a shareholder for 4 years once she is oversold a significant run is in play!
I have to say the price of bullion has been holding and looking very bullish. i think that we can see a great rise to above 18.20 within the next 4 weeks.
Be smart protect your investment do not get caught up in the day to day action!
another bite by the shark