ddx,you are correct people are waiting on the sidelines until the 3Cent shares are on the market.i know this because i am one of them.there will be plenty of these new shares being dumped on the market,i believe ecm shares will go as low as 4.5 cents in the cominng weeks, as that will still represent a 50% profit for those lucky enough to get the cheap placement shares,and will be too tempting for some to take.another poster mentioned he believes the market will chew these up in one day,i disagree,because there is just not the market depth to soak up these 87million shares at the moment.
ECM Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
