ECRY is off to a nice start today hitting a high of $0.70 for a quick 25% gain for some traders, however, it appears that most of today's buyers view this as more than just a quick trade. If you haven't seen the TV spots today on CNBC watch tonight and over the weekend. I will be a full profile on ECRY over the weekend. Get ready for Monday!
ECRY's flagship product eCrypt comes at a time when privacy concerns are at an all time high as many are worried about "intruders" looking at private e-mails and information.
Intruders could mean anyone from hackers, bosses, ex's, or simply snoopers, etc....
The potential market for this product is growing at an exponential rate.
There are currently 100 million wireless e-mail users worldwide, a figure expected to rise to 300 million by the end of this year.
It is estimated by some that there will be one hacker to every 15 wireless email users worldwide.
With privacy concerns at an all time high, ECRY's affiliation with RIMM, and the media campaign putting a lot of eyeballs on the Company, ECRY appears to have a lot of room to run!
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