RE: Cancelled buy17 Feb 2024 23:05
Ranger and others may annoy some investors here, however do not dismiss their contributions just because it doesn’t fit your agenda.
Trading on aim and particularly failing aim companies is highly risky, all information, no matter good or bad, opinions, positive or negative should be considered and absorbed. It’s all part of doing your research.
My opinion on ECHO is something doesn’t smell right, I am invested here to a relative small amount and admit I am 90% down and have written it off. It’s always so tempting to top up to reduce you entry, however this vastly increases your risk and are the action of a gambler trying to bet (trade) themselves out of losses.
As I said, I smell a rat, the sp is so bad for a reason, this company has been fleeced and is on the verge of closing. I cannot see a significant turn around from what appears a dead duck! I have written off my investment but will not add any more as the risk is far too high. I suggest that those with small losses get out and move on. It’s always difficult to walk away from a loss…but there comes a time.