Chipshot2,
Sell now. The negative forces have been applied to EC now. I bought some shares. LOOK OUT BELOOOOOOWWWWWWWW!! And now it will never recover to any sort of recent high's. LOL!!
But all joking aside, do you really feel this play can recover?? I haven't had any luck with that yet. All my plays that took slides are still in the depths, months and months later. I ask this because I am thinking of taking my losses with this one (all 1500 shares) and walking on Monday. Too many times I have watched a stock crash and wondered if I should exit, hung on or even averaged down, to watch it only fall off a cliff some more.
EC could be different, and I ask you why you feel it won't continue to sell off. I am not convinced, but do the opposite of me and you will soon be RICH!!! HAhahhahaaa!!
Ryan