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Re: MIKEY501 post# 46562

Monday, 02/27/2017 12:41:14 PM

Monday, February 27, 2017 12:41:14 PM

Post# of 61041
Bid-sitting at 0.0003 is very helpful for EFLN v.s. bid-sitting at 0.0002 is not good for the positive price movement though it offers very strong bids support at the current 52-week low or Bottom price!

If we ever see tens of millions of shares bid at 0.0003 then those dirt cheap 0.0004s will soon be taken out due to the supply-crunch.

We did see near 15M shares slapped at 0.0004s most recently. However some weak hands push the price back to 0.0003 almost in the same day due to no any slapping action at 0.0005s...

Hopefully some good news will kick in very soon or the company starts to buy back 100M shares of float again to trigger the bounce to 0.0008 again!


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