Monday, March 6, 2017

Ezra - ECS Seeks Bankruptcy

Looking at the trading halts in Ezra's chart, the stock can only get worse but no better. Ezra unit ECS is filing for Chap 11 and brought the stock down to now almost worth nothing. The trading halt is a powerful maneuver to release important news and in fact there were 2 period of halts which indicated some bearishness in this counter. I am not touching this counter for the period. The glory days were over and I believe there are better counters to watch.

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Ronald K - Market Psychologist - A Stock Market Opportunist