Stock Market Alert - ESCL Continues to Climb

Posted on Wednesday 27 December 2006



Stock Market Alert - ESCL continued to climb on Tuesday, trading up over 3% to close the regular session at $8.20. Volume was heavy, with over 11.7 million shares of the stock changing hands, compared to a normal daily average volume of just over 1.4 million shares. The stock, still well off of its 52 week high of $35, has made a big comeback over the past week after a committee found no evidence of wrongdoing between the company and its major shareholder. The stock is still under a formal SEC investigation, but this news was still warmly welcomed by shareholders.



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