Tell me about it Rob.......been watching it all day and noticed...

Tell me about it Rob.......been watching it all day and noticed the same!

There have been some decent sized bids come on including 1 I saw for nearly 3mil shares but inevitably it gets taken out nearly straight away by this BIG seller.

I called the company up and spoke to them at great lengths and they assured me all is 100% well and great and the exec chairman said that this activity is quite 'normal' for this time of the year as people are freeing up cash for holidays, houses, cars etc........BUT I'm not too sure of that and from personal experience I dont give a stuff what the company says!!! BUT Sam (the PR Manager girl at ETC) sounded VERY confident that all is OK and told me NOT to sell-out cause soon enough they'll be back at 2c! She also reiterated that this quarter will be cash flow positive and profitable again like last quarter.

Well at the moment I'm holding 1.75mil shares with an average of 15.2c! At times throughout the day I thought it was going to build up well after the large buyers continuosly came in for 1.5c in BIG parcels but that seller kept putting them down. I just wonder how MUCH that seller has got left? I seriously think almost ALL that volume today (at least 15mil) was from the 1 seller.......so surely there has to be some sort of change of interest notice coming out from the company whether it is a major shareholder or director selling out SOON - this is what I'll be waiting for!

This is not my usual trading strategy to hold so much stock in the 1 company and I aint liking it to tell you the truth. I really like their story and reckon they'll be ok but I aint too comfortable holding this amount of stock in ETC at the moment knowing that whoever this seller is could have much more to go. I'm watching VERY CLOSELY and if things dont improve I will stop out at 1.5c and lose about $400 I think which I dont give a shite about compared to the size of the investment.