Elray Resources Inc (ELRA)

[Jerry70]

$ ELRA. Yes like you know a pull back can be expected in all stocks after a huge run up on News & then the Company selling some shares after the News. But the Truth is we have soaked up the New shares and Tons of the ones have taken profits and many have sold completely to get back in lower and not only the MM,s sold shares at the Bid but it wasnt only MM,s doing that. Like all Pennies the CEO,s are Crap by selling on the runs and they cause it to have a lower run by doing so but having said that you know as i do i am sure the Float is the main thing to watch. There were Millions of orders on the Ask by all the MM,s durning the days when the Volume was high and the MM,s showing 10,000 were selling Millions of shares as AOL especially NITE. CDEL has been trying to buy shares heavy all durning these past few days & the Float is getting Tighter & Tighter and the Next run up will get us into Pennies IMO. Weak Hands are giving thier shares away down here as they do in all stocks, so if the Company just shuts off the press and put out some updates on the revenue that they are taking in now it will turn back North in a Heart Beat so its up to the Company as to where it goes from here IMO. GO > $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ELRA