ECU 3.85% 25.0¢ eastern corporation limited

I stupidly added to my position in the low 5's and didn't wait...

  1. 1,200 Posts.
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    I stupidly added to my position in the low 5's and didn't wait for it to settle back down to the mid 4's- my average price is now in the mid-high 3's. Long term (as you know) I have faith in this stock...........and the chart which is what got me to buy in the first place. Short term it may move around a bit but I don't think you will see below 4c ever again.

    The highest close in recent times is 4.9. I believe the next move above 5 (not based upon newspaper articles) will hold.

    Myself,cdchi and techanalyst have provided as much info on this company as you could possibly get without being on the absolute inside. Time to make a decision...........I really can't add anything to what I've already said.

    Cheers,

    Ed.
 
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Currently unlisted public company.

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