$ELTZ - Super low float and getting ready to fly!
This is from the sticky at the top of the page from THETHIRDLEG
Eltz: They have announced a DEFINITIVE AGREEMENT as a majority ownership in a oil related subsidiary that has revenues north of 30 mil annually.
95 OS lol. No dilution 70 million float, ungagged TA
Already valued currently at .15 via a very descriptive Sterling post!! Now add 30 million plus in revenues and another May closed acquisition. Yes that's correct, wow factor.
Very Big: so many stocks people are waiting on what ifs, could be's, rumors, dilution to end, etc , here we have everything we need, we know what's done and closed and about to be released. We don't have a stop sign, it just came off, were not waiting and saying "maybe off soon", our TA is ungagged and that is clarity, we know our beautiful low SS and we can verify anytime, We know the CEO has done everything perfectly so he can have what he stated: "we want our pps over a dollar and we are moving to the Nasdaq". That said, many times we hear ceo's state that on garbage stocks so we disregard it!! just like I disregarded OWC$ and sold at .095. Not this time.
One aspect of that is this: CEO : "There are 2 notes due in July that are being paid off in our acquisition closing in May "
Which acquisition? Ummm it does not matter!!! Lol, he did the right thing. Simple to see even for a new trader.
Why do you think the stop sign got removed right before all the big news in May? Simple, CEO doesn't want anything in the way of this heading back to dollars. Nothing hanging in the way and times perfectly.
Now ask yourself, where can you find a stock under .02, heck under .50 with these aspects? Yes that is correct, what your thinking right now, NO WHERE
It is as clear as day what we will have here in May and all summer, a absolute pure clean monster that will be far outside of ihub after .20ish for the most part.
If you can't see the facts by now, I suggest go chase rumours and high share counts and maybes, and diluted plays. Chip away and hope. Or buy a serious core position here and make life changing money. It happens all the time if your smart enough to find the stock and smart enough to hold at least until TRUE VALUE is hit.
Lastly, these 5 million share days are soon to be over when the real big players start flowing in upon news taking out a lot of the early ihubbers.
Institutions included around .40
Shorts, well they would be crazy to try and short ELTZ on this float and revenues when there are so many easier crap stocks to short, that's common sense. Shorts understand risk no question.
For me it just doesn't get any easier to make huge money all summer then with eltz. I will ride 80% of my shares all summer during slow trading months. It doesn't get much easier and stress free then that especially during those slow months.
In May upon both acquisition announcements .50 plus is just true value, nothing more nothing less.
May is Monday folks, that simply means the time for shares under .05 is nearing rapidly.
