ETC is totally news driven - there is NO doubt about that!!!
On this note I believe there is more positive news due out VERY SOON as it is mid Dec and still nothing has been released from ETC which is quite unusual for them. When good news (regularly of late) does come ETC always goes for a nice run between 2-2.5c so that is why I have loaded up at 1.5c to wait for this run which I believe will come VERY SOON imho. Someone at sharescene said an announcement will come this week but I'm not 100% about that!
Apart from that it now looks that ETC has turned the corner and 1 look at their last quarterly report as well as their last 2 aquisitions which will add to cash flow positivity and profitability GREATLY as well as the $560k from the WorldXChange liquidators which goes straight to profit for this quarter AND you can clearly see ETC is GREAT punt for a spec stock.
Personally I have loaded up at 1.5c and I think it is 1 of the BEST spec stocks on the market at the moment, based on current fundamentals and future prospects and profitability.
ETC Price at posting:
0.0¢ Sentiment: None Disclosure: Held