Elray Resources Inc (ELRA)

[QuidRunner]

It is amazing with this company's track record that anyone would give ELRA another dime. For those of you that think they are going to make a point or two off this, it will be VERY difficult. Like clockwork, a PR will come out and this CEO will immediately begin dumping shares. This market is a free for all with very few regulations and this crooked CEO is taking full advantage of it. There is no way to play a stock under heavy dilution. He will dilute all the way up to his new 5 Billion authorized share count and then execute another reverse split. It normally takes him about 5-7 months for him to run this cycle. He has done it four times now. Quit feeding this pig. Move on to a play you can make some money on. Take it from me, I lost a considerable amount on this one.