i know who the seller is ??, page-7

Hi guys,

Agree with your comments. Patience is needed in this stock. I seriously don't think this is about one insto. pushing the stock down. Rather, it is about sellers wanting to get out. From what I can see from the past 2-3 weeks, there was no one dominant seller.

If you don't believe me, wait till Wednesday next week and then speak to your broker. Ask him/her to bring up the course of sales for this week and we shall know whether there is one dominant seller. The flaw to this argument is of course when the seller actually uses more than 1 stockbroker to do the selling. However, I don't expect someone to do that in a stock like ETC. There was some selling previously from Lodge partners, but that was pretty much done with the crossing at $0.335 ish. Since then, there is no standout.

This is a case of the lack of buyers, rather than sellers piling in.

One thing lacking is the amount of insto. support in this stock.

2 ways management can deal with this (corporate actions):

1) Setup a share buyback (on-market/ off-market) to take out shareholders who want to sell down.

2) Start paying a very tiny dividend.

Those are just thoughts and I believe many other investors out there would have various ideas. If you believe there are unsettled instos. on your register, an off-market share buyback (at right prices) will weed out these sellers.

Anyway, patience, I repeat patience is the key here. I'll sign off for a couple of weeks and hopefully when I back on, there are more smiley faces in this forum :)

Happy investing.