The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Https://www.barrons.com/articles/new-york-partially-divests-exxon-5511c13c
Does this explain some of the jumping around on 16th Feb? It's good to see Mr Birrell featured there, fighting the good fight on behalf of Echo, and taking an active role in the company. Hopefully this demonstrates a little of the 'hands-on' approach that's needed to steer this ship into friendlier seas.
So this is where I expose my complete and utter novice status: I've never truly understood the buy/sell dynamic. In order to buy, someone has to sell, and vice-versa, no? Unless the buys and sells are happening with a third party intermediary (which I don't believe they are), surely every buy represents a sell?
For me it's the "He looks respectful almost unconventionally handsome" line. If that was you Ranger, this is a funny post. If it wasn't you (which, let's be honest, what are the odds that it is) it's still a funny post. I appreciate the high road approach in either case.
Moving swiftly along from the feeding of trolls to why we're all actually here - there is a lot of blue on the list. None of us here are petrochemical dynamos, we're all having a pop at the stock markets, so blue is good. Anyone taking anything they read on a public message board as gospel wants to give their head a wobble... so hold on for the ride, and if and when this climbs to a comfortable enough level, jump off the merry-go-round.
Ranger, if you have anything left in ECHO I hope you make something back, however small , on your initial investment. And my condolences.
I don't know, 0.004 isn't all that far away from delisted, but on the flip side there's a lot of blue on the trades screen, and consistently so...
I think there may be something to this new guy - I'm not going to bet the farm on it, but maybe a tractor or two. DYOR, but if you have anything in this, hold and hope seems to be a fair strategy, or average down a little so when something big does happen you come away looking fairly good on the spread. I'm in at around 0.022 for a respectable amount of shares, so if something big does happen it wont take much to put a smile on my face. I wish you all luck.
Fingers crossed, but that doesn't explain what's happening today in the trades, several large buys happening. I wonder if there's been some news on the trade floors about some positive progress from Mr Birrell?
Wow - quite a few sales today, did I miss something?
I figure at this point selling up is shutting the door after the horse has bolted - you've already lost the majority of the value of your shares. Hunker down, hold on for the ride, and see if there's a better outlook on the other side. At this stage I would rather roll the dice than accept pennies on the pound. Obviously DYOR, but you had a chance to jump before when there was some salvageable value and you didn't - why get off now when there's literally nothing to gain?