Unfortunately, “let’s get the party started”, might be a bit premature as the US market has been taking a battering over the last week or so. The continued negative financial data being released has not helped the share price of ETC. This is consistent with the fall of ETC’s share price over the last nine (9) months or so.
However, I predict that ETC will be around 50c towards the end of July 2009 and maybe well on the way to achieving the predicted share price of $1-00 by the end of 2009.
Then we will have cause to celebrate. However, in the meantime I suggest that we stay positive and ride the tide out similar to that has occurred over the last week.
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