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Old 10-31-2011, 01:48 PM   #1
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Default ECDC stock

Anyone know anything about it? Got a friend who messes with penny stocks saying this one could be big.
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Old 10-31-2011, 03:14 PM   #2
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Default Re: ECDC stock

European convergence? No earnings and it's currently at an all-time low (although, at 3 cents per share, who cares?). It goes months with no trades and has a market cap of 27 thoursand dollars haha. Complete gamble, DO IT!
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Old 10-31-2011, 03:19 PM   #3
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Default Re: ECDC stock

Or East Coast Diversified Corp? I'm guessing that one due to their acquisition of Rogue Paper (a developer of media mobile and branded applications for major media companies).

Their shares are up over 100% with 3 million shares traded today (about 30 times higher than its daily average). Wish we knew about this yesterday haha. Some reports say its riddled with fraud and incompetency though, so it's a toughie. Other reports say there is limited upside potential, as it doesn't look like they're actually trying to "make it", but just limp along. Either way, the potential and serious legal liability remains.

Last edited by Mr. Burns; 10-31-2011 at 03:29 PM..
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Old 10-31-2011, 03:57 PM   #4
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Default Re: ECDC stock

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Originally Posted by Mr. Burns View Post
Or East Coast Diversified Corp? I'm guessing that one due to their acquisition of Rogue Paper (a developer of media mobile and branded applications for major media companies).

Their shares are up over 100% with 3 million shares traded today (about 30 times higher than its daily average). Wish we knew about this yesterday haha. Some reports say its riddled with fraud and incompetency though, so it's a toughie. Other reports say there is limited upside potential, as it doesn't look like they're actually trying to "make it", but just limp along. Either way, the potential and serious legal liability remains.

They now have the CEO of Twitter on their Board of Advisors. Still looking at this thing. Ludlow's report today has it's future valuation at 25 cent.
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