Member Info for mushroomkid

Well they didn't catch me on my stop loss, although I did double-check where I had placed it and would have lowered if necessary. I must admit, I never expected this to be such a game of cards. We stand on the horizon of some potentially superb company news and the share price goes down 3% at one point?? Hmmm.. yeah right.

Seems reasonable to me that if Fiona has just come back from her week’s holiday, it would be unlikely an rns would be issued at 7.00 am. There will need to be some in-house meetings etc to ensure that everyone is up to speed before these, hopefully uber positive, news reports are issued.

There must be many traders out there who care not a jot about the fundamentals of the companies being traded. Each to their own I guess. I certainly don't have the knowledge or inclination to form an income from those minor movements or perhaps the concentration. It's enough for me to, hopefully, gain significantly more than leaving my cash in a 1% per year deposit account. Since taking this investment position 8 months ago, I've improved the pot by 14% from share price increases and dividends with most of these gains have been from Echo. Of course, it could all come tumbling down but stop losses are in place. In the meantime, it's great fun learning about Echo, the characters running it and the intentions of the business and a far more interesting way to invest than simply chasing decimal points. (He says, watching the 17.4, 17.5, 17.65 etc etc hahaha). Anyway, here's to turning 14% into 140% + Come on Echo!

60% of my portfolio here now too coincidentally. Just have complete confidence. My portfolio is probable misbalanced but...what the heck. In again for a 17.3 p ..in for a pound haha

17.75 at the time or writing .Don't you always get the feeling that somebody knows something before everyone else knows something???

ah yes...I was forgetting about that malarkey.

I meant 'allude' of course. Maybe the mm's do the 'eluding' !

There are many posts that elude to the manipulation of the share price by the market makers but they seem like scattered pieces of a jigsaw to me. I would like to know precisely what is happening. When I see a share price bouncing between 17.10 and 17.40/ 17.42 on several occasions in just one day it looks very 'artificial'. It seems utterly wrong (and illegal?) to me. Surely a demand for a share should result in a firm rise in the price and not tweaked constantly to fit within the confines of a mm's strategy? Enlighten me someone please?

So refreshing to listen to someone who has such an in-depth knowledge about her business. Very re-assuring too.

Having bought two lots at under 12 p per share recently (took a deep breath admittedly) I averaged down to under 14 p. It just seems to me that a company as open, industry-experienced and communicative as Echo is set for major returns. You also feel that these returns will be properly distributed to ensure sustainable growth. I have half my portfolio invested here now. I could have taken profits but why? Little tweaks between the peaks and the troughs might have brought in a few quid but knowing my luck, I'd sell on a peak....and it would hit the roof and never drop again haha.

Thank you Kias0r. Happy to see it rise even to this level however!

Looking back ten years, this reached £3.50 per share. Simply out of interest, do any board members know why it hit such lofty heights (and then declined)?

Just my luck..the price dropped 500% in the last minute,

Wouldn't that be nice!

My thoughts too. Especially when the share has been languishing at well under 12p for ten days or so.

Making the chart a useless piece of information! I've been wondering for some time why large buys or sells make not a halfpence of difference to the share price!

Well, I�m happy to have bought a bunch more at 12.11p. Seems to me that the closer I could get to the 12 p buy line, as an ordinary wurzle, the better!

I�m �betting� on a big red day today and I�m hoping I�ll be made to look a fool

The share price variation across the information channels is puzzling. At the time of writing, the intraday chart on here states 13.1p. Meanwhile, Google states 12.7, a rise of 0.4% and my portfolio shows no rise at all today!

The BBC has a report today indicating that the UK economy is in its worst state since 2012 and that 'The beast from the East' has set back building projects in a way akin to Samson pushing two pillars apart. Meanwhile, the ftse climbs higher and Taylor Wimpey shares march on.