{"id":4274,"date":"2014-04-02T11:13:49","date_gmt":"2014-04-02T11:13:49","guid":{"rendered":"\/?p=4274"},"modified":"2014-04-02T11:14:07","modified_gmt":"2014-04-02T11:14:07","slug":"myecheck-inc-otcmktsmyec-crashes-after-annual-report","status":"publish","type":"post","link":"\/articles\/myecheck-inc-otcmktsmyec-crashes-after-annual-report\/","title":{"rendered":"MyECheck, Inc. (OTCMKTS:MYEC) Crashes After Annual Report"},"content":{"rendered":"

\"MYECchart1.png\"At the end of last week the stock of MyECheck, Inc. (OTCMKTS:MYEC<\/a>) managed to beat its previous record and posted a new 52-week high of $0.082 but the positive trend came to an abrupt end when the company filed its annual report. Monday’s session saw the stock remain relatively calm but it closed lower than its opening showing that momentum was shifting. <\/p>\n

Yesterday MYEC<\/a> plummeted right from the get-go. With the start of the session the stock plunged for the bottom and found itself dropping to $0.0455 in minutes. Although it was able to recover at least some of its value at the end MYEC<\/a> had slashed 29% of its price and closed at $0.052. During the trading hours nearly 74 million shares got dumped on the market, close to 4 times higher than the volume from the previous session.<\/p>\n

As we said the reason for the drastic reversal in sentiment was the annual report filed by MYEC<\/a> on Monday which showed the following results:<\/p>\n