Echo Automotive to Hold Forum, Deutsche Telekom Hits a Snag: (OTCQB: ECAU), (OTCQX: DTEGY)


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OTC:BB:ECAU / OTC:BB:DTEGY
02/19/2013 [ACCESSWIRE]

New York (February 19th, 2013) - Echo Automotive (OTCQB: ECAU) announced on Wednesday February 13 that they will hold a forum specific for investors at their facility in Indianna on March 22nd, 2013. The plan for the company is to make there selves available for investors/traders and future potential customers.

Before this forum they will also be conducting a press conference on March 6th at the NTEA show. The purpose of this press conference is to present Echo Automotive and affiliates updates. The company’s representative will be available to answers different questions related to these updates. Echo Automotive will give more details about their press conference in the upcoming days on their website: http://www.echoautomotive.com.

Regarding ECAU recent market activity, the stock has gained exactly 4.00% in its latest trading session on a volume of 5, 487, 260. On that day, ECAU has been trading between $1.00 and $1.09. The stocks touched its highest point around 10:00 AM when it was trading at $1.09. Echo Automotive Inc is however far from its 52 weeks target of $3.61. Odds are this may start changing after their March 6th press conference.

To get the latest news on ECAU and when could be the best moment to start trading the stock, read the trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=ECAU

 

According to WSJ, Hedge fund Paulson & Co. may join P. Schoenfeld Asset Management LP in opposing the planned acquisition of MetroPCS Communications Inc. PCS +1.07%by Deutsche Telekom AG's DTE.XE +0.83%T-Mobile USA.

Paulson is waiting for the final merger proxy before deciding how it will vote, but said arguments made recently by fellow MetroPCS shareholder P. Schoenfeld "make a lot of sense."

Now concerning DTEGY, the stocks has shown a neutral position on its latest trading session by trading between $10.88 and $11.03 on a volume of 333,027 and declining by 3.10%.

Find out where DTEGY could be headed in the upcoming trading sessions by getting the trend analysis report here: http://www.monstertradingalerts.com/market-scan/?symbol=DTEGY

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