Q: I have a question about ECN Capital.
There seems to be something very wrong as the stock price continues to go down almost every day. Management should never have talked about closing on some deal only to then come forward to say that it would be best not to do a deal as this only caused expectations to be dashed. It seems to me analysts do not seem to have much confidence in management.
The chart also looks absolutely horrendous so I was wondering whether there was any point in holding on here or best just to cut losses and move on as it does not really look like this company has much of anything going for it based on performance to date?
Thanks for your thoughts.
Susan
There seems to be something very wrong as the stock price continues to go down almost every day. Management should never have talked about closing on some deal only to then come forward to say that it would be best not to do a deal as this only caused expectations to be dashed. It seems to me analysts do not seem to have much confidence in management.
The chart also looks absolutely horrendous so I was wondering whether there was any point in holding on here or best just to cut losses and move on as it does not really look like this company has much of anything going for it based on performance to date?
Thanks for your thoughts.
Susan