Elray Resources Inc (ELRA)

[ospreyeye]

Thanks for the information......you just proved that today's pullback was due to retail buying on the bid and NOT the company dumping shares................

People were screaming dilution & some were even spreading false rumors.......the funny thing is they didn't even know what's a junket...........I bet 90% of ELRA shareholders had no idea what a junket was either......most probably thought it was some sort of game........lol............know what you own.........ELRA has a JV relationship w/ a Junket operator in Macau and is already bringing in revenue that will show up for the 1st time on the next filing...........ELRA has been pegged for 2 weeks at extreme oversold levels on Fast & Slow Sto's.........it's due for a run...........the information below shows ELRA just RS'd in May.........historically they have waited more than a year for the next RS..........because of this I do not see an RS as a NEAR term threat...............

Once again people were posting misinformation today...........1st about the Junket relationship and Macau & 2nd the retail BID buying was mistaken for dilution.............they think every trade that isn't green must be dilution.........the OS was confirmed at 47M today.............no TA gagged......which was yesterday's rumor......remember, "called it first, TA gagged"........which turned out to be 100% false............and the OS hadn't changed form the last check which means no dumping on the big pop yesterday.............

More than anything what is hurting this stock IMO are all the disgruntled shareholders that held through the RS.............Bottom Line: got to know when to hold em and when to fold em & when to just say F it! I give up. I'm moving on........it's tough to take a loss, but after reading the mental strain it's taking on those holding it doesn't seem worth it..........take the freaking tax loss and move on or if you are long don't scare everyone away........the "long" term holders have done the most damage to new traders taking a position.............

If people really want ELRA to go up they wouldn't over analyze every single tick and would just get off of their mental roller coaster ride..........as soon as emotion enters the equation you are toast.........

Well done on your purchase today........IMO you should do well........good luck and enjoy the weekend.......$$$

Security Notes
Capital Change=shs increased by 10 for 1 split Ex-date=12/18/2007. Rec date=12/14/2007. Pay date=12/17/2007.
Capital Change=shs decreased by 1 for 100 split Ex-date=01/25/2013.
Capital Change=shs decreased by 1 for 10 split. Ex-date=05/02/2014.