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Btw- you dont have to be part of the investors group to put forward questions that you would want ask.
I will share with everyone- irrespective.
I understand that some people are weary about having their identity known so they can put their share numbers on any of these threads
I have a very intense job which I sometimes work 80 hour weeks so dont be surprised if you dont hear from me for a few days. It may be next Monday/Tuesday before I check in again.
^^ You dont have to worry about the people who have emailed me. They know who they are and I know who they are. Not quite sure exactly what your concern is.
Noone is forcing you to join the group, noone is forcing you to be represented by it.
So you can spend your time on here doing whatever it is you normally do- God knows what that has been achieved.
If it annoys you that much, put me on your 'ignore' list
ABZ
Thank you for pointing out my error. I will hold my hand up to being WRONG as you pointed out it was meant to be % of the total share holding within Echo.
Unlike yourself I can and have held my hand up unlike yourself whom has never done so.
I never once have said I represent anyone or any sort of Investor group or individual share holder of Echo or any other company out with the ones I have or do own. So please retract that statement.
If I trouble you, or you feel I'm trying to trouble you or Echo then your moral conscience is impaired.
I feel you are trying to deflect from the questions I was asking is / does anyone that reads this BB being represented by Echo2021? Is anyone that reads this BB included in the 5.3% of his claimed share holding read this BB.
This is a guy that has forgotten his last user name.
ranger, can you not read, he says 5.3% of the shares not 5.3 million shares, try and get something right, fed up having to correct you.
Laughed out loud when i read your "Is anyone in here being represented by this guy?", please do not tell me that you think you represent the investors in echo, you do nothing but "try" and cause trouble.
yup super busy repeating yourself
Surely the holders of the 5.3 million shares that you say you represent have questions to ask?
Has anyone in here replied to this guy? Is anyone in here being represented by this guy?
Guys- im super busy but try and come up with a list of questions you want me to ask MH tomorrow. I will have a look in the evening so get your questions by 9pm latest.
And again, if anyone wants to meet him tomorrow- let me know echoinvestorsgroup@gmail.com
To quote eatstocks `stop looking at the SP` His opinion is the the SP isn`t important. So in six months time if the SP is still at this level he will be saying don`t look at the SP it`s not important. What about six years if it`s still at this level. All these morons do is give the board comfort and shelter from legitimate criticism and allow them to keep drawing their salaries. They have to be paid rampers
They are on ever BB. From experience absolutely no point in correcting them, waste of time. Also, they always disapear when mcap recovers, but then get replaced by new ones as soon as their is a pullback. It's a lost battle. The more you interact with them the more they'll come back.
The only problem with filtering these infestations is you do not get the chance to correct their lies, half truths and the downright misleading information they post.
Read a fantastic column by Ambrose Evans-Pritchard yesterday, the World economic editor of the Torygraph.
Title: Bears beware: Omicron may yet deliver a roaring economic recovery
Goldman Sachs has gamed four omicron outcomes: “severe downside”, “downside”, “false alarm”, and a surprise “upside”. These scenarios have starkly different implications for asset prices and macroeconomic policy over the next year. Get it wrong at your cost.
You can already see this tension playing out in wild moves on global bourses, or in oil prices, with each snippet of fresh information.
Markets have taken a fresh beating this morning on warnings from Moderna that it is “not going to be good” for the existing vaccines. But if the disease is indeed milder, a slippage in antibody protection levels may not matter, and we still have T-cell memory as the next line of defence.
For the sake of argument – as a Gedankenexperiment – I assume that the benign picture from South Africa holds up over the winter and that we will land at the optimistic end of the Goldman spectrum.
The picture for markets is “bad” in the immediate sense that jumpy, snake-bitten governments will shutter parts of the economy as a precaution.
[...]
It is “good” to the extent that it brings this ordeal to a rapid climax and pulls forward the day when we can dismantle the suffocating architecture of perma-testing, flight curbs, vaccine passports, forced isolation, and state intrusion in people's lives.
Scientists will know in a couple of weeks whether omicron has a lower case fatality rate than delta.
[...]
The original cohort of patients breezing through surgeries in Johannesburg with little more than a headache may be a trick of the time sequence.
Should the benign scenario prevail, it will turbo-charge global economic growth and set off another leg of the commodity boom, probably pushing stock market indices to even frothier levels. You would not want to be in US Treasuries, gilts, or Bunds.
[...]
A benign omicron outcome reshuffles the political debate and splits the world into different camps. Those countries such as the UK, the US, Mexico, Brazil, or India, inclined to ‘live with the virus’ will return to normal very fast.
At the other extreme, China is trapped by zero-Covid ideology and two years of state propaganda extolling the country’s superiority over the West for having successfully bottled up the virus. China has scant natural immunity and prefers not to put its semi-defective vaccines to public test.
[...]
Europe is in a quandary. Delta is pushing hospital systems to the brink in Germany, Austria, Holland, and most of central Europe, with France catching up as its vaccine immunity wanes with a lag. Harsh measures are needed. Yet a milder omicron variant would call for the opposite policy in quick succession.
Those states still pursuing suppression strategies to varying degrees may find it ever harder to justify coercive action, risking ‘gi
Agree Eats - buy on the way down if you believe in the fundamentals - if you don't then why stay here - we know that positive news will drive this - look at where we are currently in terms of the new COVID fear and ask yourself why oil and stocks are going down a little whilst we try to ascertain more info on this variant - this will re-rate as producing and $7 million MCAP is ridiculous.....
Jesus the panic here is palpable.
Still holding, nothing has changed. Stop looking at the SP. Likely joelebeau your biggest mistake will be to sell.
The companies strategy is the right one.
Except the quick dip in crude oil due to the Omicron variant, commodity prices are still high, both oil and gas are fine. With the USD continuously strongly vs the Argentinian pesos I imagine our production costs are also lower.
Those who cannot wait and get freaked out by the sp drifting down should really sell and go invest in a tracker. I could not care less where this drops as we will shoot back right up when production update is out and well are back online.
Sick of the 2 trolls just filter them, I've one that a long time ago.
My bad, easy to misinterpret on these forums, especially with missing punctuation!
JOELEBEAU if you took your time and read the post it stated don`t believe him as in abzzba. He is in Bulgaria for 5 weeks. Now if you had been following the posts you would know that. Happier now. Nothing derogatory aimed at you.
Guys (sure you know who i mean) have you ever considered you might not be cut out for dabbling in shares and that is why your all so angry now.
I could sell 85% of my shares at a profit today but why would i when its simply a waiting game for a much much higer sp.
Nice day in Varna, sun shining, lets hope its not too long before the sun shines on ECHO.
UtilityOne, that is defamatory! Where I have lied? I am not in Bulgaria so maybe you are getting confused and are the one in need of medical help. I do admit errors, and my first main investing error was was ever investing in ECHO... and my second was not getting out sooner (i'm still in, more fool me)
I still remember CPE from April 2020 all the way to November 2020 it was selling below $6 then it December it came out they had production up and were able to make a profit. Same should have happened here, if not the management are swindlers and a case needs to be taken out because every oil and gas company has been in profit this last year would be highly implausible not to be.
We just need to get the price up to 50mill for institutes to pick it up really.
I said it before, we won't hear anything in general until christmas. Whether there is accumilation going on in the background or not. It's pretty uneventful at the moment, the more the price falls relative to production and oil really I want to see the balance sheet unless we headed oil prices it has to be reasonably high. If we were not selling to Argentinians or US the oil and gas should had shipped to China as there prices are off the wall. No guarentees the management was good enough to do that, but to be fair I think this is safer than Tesla but much is safer then Tesla on this market to invest in.
joelebeau don`t believe a word he posts. He is a consummate liar. Never once has he admitted a wrong prediction and although the SP has dropped to .5 he is still in front. The great deceiver. He needs medical health of a mental nature. Whilst this drop might be temporary has he posted to say it was unexpected by him. No that would be admitting error. What an absolute clown. Sneaking around the backstreets of Bulgaria . God knows what he`s up to. Great deceiver and great denier .
UTI
Spoke to ABZ from SSEN 20 mins ago told me the power was back on I just needed reset my fuse box? F'N bonkers chestnut tree the size of ABZ's ego lies across the power line flattened to the floor.
Right back to Echo..... Same as SSEN telling me ****ss'h
What’s your average!? Can’t be far off
Hello jolly, still well in profit for 85% of my holding, good of you to think of me,
0.50, I wonder if abzzba is still happy with his investment at ECHO and the ECHO management team
Hahaha very good ranger
UTi
I've found out where ABZ works, it must be at SSE.
Our power went down on Friday evening at 8pm because of Storm Arwin keep texting us that we will be back on within the next 12hours. Tonight we will be our 5th night without power.
The maybe this am then this pm then maybe tomorrow sounds very familiar.
Maybe Arwin is make believe too?