Echo Automotive Getting Closer with Investors & Deutsche Telekom's Conflict: (OTCQB: ECAU), (OTCQX: DTEGY)
New York, NY -- (ReleaseWire) -- 02/19/2013 --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.
But 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
Paulson & Co., MetroPCS Communications' (PCS) major stockholder with 8.7%, said it may be in conflict with its union with Deutsche Telekom's (OTCQX: DTEGY) T- Mobile USA unit for the reason that of the debt the two would have self-possessed, reports Bloomberg.
Paulson approves with advices by a rival of the deal, P. Schoenfeld Asset Management LP, according to an e-mailed declaration. Paulson is silencing its decision on whether to choose for the pact until it sees the final proxy report.
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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View this press release online at: http://rwire.com/209068