ETC entertainment media & telecoms corporation limited

the speculator , page-8

  1. TBE
    3,734 Posts.
    The slow stochastic moving up has correlated strongly with the SP moving upwards on this stock. It has been trending up for a few days now so perhaps we will see some movement soonish.

    The retracement has been on very small volume and we have had a fairly consistent trading range for a few days.

    It looks to me like we are pausing for breath and awaiting:
    a. the prelim results and further cash update
    b. new/significant contract signing

    or c. both.

    We could potentially have both quite soon.

    I can't wait for the profit statement and the official 2010 forecast. It should knock the SP out of the park.

    Frustrating to watch in the meantime.
 
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