Q: Can you please comment on ECN's recent quarter which the market does not seem to like. Are you still positive on the name, and if so why and if not, why not. Finally, on a scale of 1-10, (10 being your top picks) for small cap Cnd growth names, where in the pack would ECN fall. They treated me very well for the first few years but have struggled after the special dividend and I am now worried that my expectation that they repeat their previous performance may be ill placed.
Thanks for the objective view
Scott
Thanks for the objective view
Scott
5i Research Answer:
We have some other comments posted today. We would rank it a 4 right now. We are willing to give it a bit more time, but execution seems to have slipped and the company seems to be wandering. The joint venture has potential, and is so new we are willing to give this management team some time with it. But, like others, our patience is thinning.