ECST

[Stock_Finder]

Hi David,
You could be right on this at this price level but I still think falling is not over yet specially when you see 8 consecutive days of falling with high volume on Friday.
Let's look for the support.
Good Luck..

[johandebroyer]

EAG is a buy at $0.15USD./EAG !!!

[David Randolph]

Ok, bought ECST @$2.11, looking to sell at $2.32.

johandebroyer, please don't do that, thank you !

[David Randolph]

Why do you think we will have rebound? I really can't see how the fundamentals can support this inflated price  Huh

I would understand your strategy if the stock was in a downtrend but fundamentally undervalued. But in this case it seems to me that the market is working.

Thanks for your comments Michael. You know, even stocks representing companies that are bankrupt have strong rebounds. My reasoning for buying ECST is just technical, this isn't my kind of trade (against trend  ) and I have a feeling I won't do well on ECST.

But, since I'm a bit ahead on the trade, I'll give it a chance and maintain the trading plan, which is to sell with a 10% profit at $2.32.

The stock is very oversold now and if a counter-trend move is coming, it should come now ...

[la-onda]

perfect trade applaud

[Michael]

Applauds from me as well. I really don't understand how you select and time your trades but I don't have to understand it to profit from it so I might buy next time you find a looser 

Make sure to sell while you are in green! 

[David Randolph]

Thanks guys 

Well, as planned, I've already sold ECST at $2.32. As Ramsburg says, «plan the trade, trade the plan».

In fact I was lucky on this one, buying stocks against trend is a losers game in the long run. Anyway, I got my 10%, so I'm satisfied. Let me just put the trade on the closed trades section, I didn't do it yesterday because I follow a list of stocks to analyze and talk about, and ECST was the last on my list, because it was the last to be bought.

Now I'll go to the 3 Pennies on Fire Portfolio analysis.

Good morning 

[setravis]

Press Release Source: Digital River, Inc.


Digital River Launches Games on the River E-Commerce Solution for eCOST.com
Thursday November 17, 8:00 am ET 
E-Commerce Site Delivers Downloadable Games for Casual and Hardcore Gamers of All Ages


MINNEAPOLIS--(BUSINESS WIRE)--Nov. 17, 2005--Digital River, Inc. (NASDAQ:DRIV - News), a global leader in e-commerce outsourcing, today announced that it launched a Games on the River e-commerce solution for eCOST.com, a leading online discount retailer of brand-name merchandise. As part of this solution, Digital River launched an interactive online game store branded for eCOST.com. Via this site, eCOST.com is reselling hundreds of PC and casual game titles from Digital River's downloadable software catalog. Gamers shopping on the site will have access to some of the market's newest downloadable game titles as well as back catalog and well-known, classic games from leading game publishers.


eCOST.com's downloadable game site represents a new addition to the company's downloadable software line and an extension to its original e-commerce agreement with Digital River. In addition to hosting and merchandising the site, located at www.eCOST.com under the Software tab, Digital River is managing the transactions, merchandising, fraud prevention screening and digital product delivery.

"We are pleased to be able to expand our relationship with eCOST.com beyond our traditional hosted e-commerce services to include our new downloadable gaming solution. eCOST.com is one of our first channel partners to implement Games on the River as part of its online retail strategy," said Tom Venable, Digital River's senior vice president of retail sales. "Through Games on the River, we can offer channel partners like eCOST.com access to a high traffic, high demand product line and the opportunity to further tap some of the fastest growing categories for online retail sales - PC games and computer software."

Digital River's Games on the River offers a ready-made e-commerce solution for online retailers, affiliates, content publishers and portals interested in providing gamers a shopping experience designed exclusively for them. In addition to providing these resellers access to a growing downloadable game catalog that they can deliver on a play-for-free and buy-now basis, Games on the River features gaming reviews, trailers, cheats and news, as well as the technology to take preorders and promote digital sales of front-line game releases.

"By launching our new online game store, we have been able to both create a new product category and expand our downloadable software product line by hundreds of titles," said Adam Shaffer, CEO of eCOST.com. "Digital downloads represent the next generation of delivery for gaming software. We are excited to offer our customers a larger selection of products, more reasons to visit our site, and some of the leading-edge services available in the online gaming market."

ECOST.COM, INC. (NasdaqNM:ECST) Delayed quote data 

Last Trade: 1.42
Trade Time: 2:05PM ET
Change:  0.19 (15.45%)
Prev Close: 1.23
Open: 1.25
Bid: 1.41 x 1300
Ask: 1.43 x 3600
1y Target Est: 5.00

  Day's Range: 1.25 - 1.50
52wk Range: 1.23 - 22.25
Volume: 548,556
Avg Vol (3m): 360,341
Market Cap: 25.20M
P/E (ttm): N/A
EPS (ttm): -0.78
Div & Yield: N/A (N/A)