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I think we have pocket aces, and another showing. Can the river card be the 4th?
Hey, luck happens!
That really shouldn't scare them.
Yes, those are the lazy ones. If they look further, a little DD about the expected P/E ratio should tell them that this is a good call.
I'm "betting" on it.
We can only watch now, so good luck everyone we are waiting on the river card to be flipped and be a the right card
or they could just fly past 10 cent price target and never r/s i have seen thins a few times b4
or they could just fly past 10 cent price target and never r/s i have seen thins a few times b4
Word will get around NJG!
I am relatively new to Elray. It came up on my radar through "Casino Gaming Manufacturer's" board. (Sorry if mentioning that is a violation of the board's rules)
Thanks to all you posters who shared info & DD there, it gave me a healthy look at the company, and a good feeling about what I saw.
Unfortunately, and as usual, I expected things to move faster than it did, weeks not months. That was just long enough to cut the PPS by about half. (I averaged down when I could, so it didn't hurt anymore than a bad evening at a casino! At least that's what I tell myself )
Now we all get a second chance to get our "buy in" back and make a buck or three. You don't get that in a casino!
I believe this will be the stock that I will say "darn, I should have bought 5 times what I did!" (No, I'm not greedy, I'm just needy, as a lot of us are.)
The next few days should be fun to watch.
Hey kei, pennies tomorrow? I think you hit that one on the nose!
Right but the r/m r/s is a positive one ELRA~~***~~~
http://stockcharts.com/h-sc/ui?s=elra
Minimum 30M net profits/1.15B o/s = .026 EPS
Historically, the average P/E ratio in the market has been around 15-25.
http://www.investopedia.com/university/peratio/peratio1.asp#axzz1uQPoB1lk
For your sake I'll be even more conservative and use 10.
P/E ratio of 10 x .026 EPS = $.26 per share ($26 post-NASDAQ listing)
Keep in mind these numbers are based off the MINIMUM net profits ELRA will receive (Macau Gaming has already achieved a 24% increase in revenues for March
They can always reduce the size of the RS to. No matter how you slice it though eyes will see 100 to 1 and it will scare them away.
wait till revs are reported which could be well before the RS. That's why IMO they said 90 days cuz this could fly between now and 90 days.
Look for PRs on monthly revs like AERL does.
I wish more people thought like you, real revenues and everything and people aren't buying?
And then we wouldn't need an R/S, would we?
I have seen others post about similar situations where a R/S was announced and ready to happen, but the PPS took off and the split was cancelled. Seems like that would apply here, wouldn't it?
I'm holding onto all I could afford to buy. I need to see a little over a penny to break even, but I do believe this stock will far surpass that. As always, it is never as many shares as I wish it were.
Good Luck to all~
I still believe they are doing what AERL did in Feb 2010 when they did an RM. They have the same casino VIP business model in Macau and have HUGE revs and profits.
Nice big support at .007 now IMO on the charts. This one is still moving up.
I use about 15 indicators for my investment strategy...some of them are the follwing: macd, parabolic, ppo, mfi, rsi, williams, candlesticks,accum/distrub, slow/fast stochastics, etc....i have etrade pro and have looked at this chart (10 day, 30, 50, 100, 200, 1 year) and I am convinced tomorrow will be green pastures :) GO ELRA!!!
thanks for the post legalteam good luck to you. smoothwall.
They covered ecd.c also? I 10 bagged that $lut twice!
This thing could soar before they have a chance to announce the r/s
baaaaack to pennyland tomorrow !!! =^.^=
8k's don't usually make a comeback
If that is what makes you nervous here is a DD post that involves ONLY numbers
Minimum 30M net profits/1.15B o/s = .026 EPS
Historically, the average P/E ratio in the market has been around 15-25.
http://www.investopedia.com/university/peratio/peratio1.asp#axzz1uQPoB1lk
For your sake I'll be even more conservative and use 10.
P/E ratio of 10 x .026 EPS = $.26 per share ($26 post-NASDAQ listing)
Keep in mind these numbers are based off the MINIMUM net profits ELRA will receive (Macau Gaming has already achieved a 24% increase in revenues for March)
Did you read the fine print?
In Compliance with SEC Rule 17B Wall Street Newscast was compensated five hundred thousand restricted shares, by company, for ongoing research and media coverage. WSNC may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
No problem, this is my pick as stock of the year! The profit margins here are so unbelievable that I actually felt like I was cooking the books when I was conducting the DD post.
agreed. End of day push is on...we are climbing
I'm interested to see what ELRA does to get the PPS to those levels, things are reluctantly working toward $0.01, which is a long ways from .30..
ELRA is a solid play, imo...holding, pennies soon "again" I think.
Some of the best DD I have ever seen here in Ihub!!! Thank you....Consider yourself marked ;) One more member
Here's whats in store for ELRA shareholders based on the 8k
- Ludlow Capital based their $.05-.10 short term target on 3B o/s post merger but since the deal is ALL PREFERRED the o/s will instead be around 1.15B (845M o/s + 300M preferred).
Minimum 30M net profits / 1.15B o/s = .026 EPS
Based on the value estimates of other publicly traded Macau gaming companies a conservative PE Ratio would be around 10 to 15.
P/E ratio of 10 to 15 x .026 EPS = $.26 to $.39 per share ($26 to $39 post-NASDAQ listing)!!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8601179
http://www.wallstreetnewscast.com/news/2012/may/elra-2745.html
Guess what I just bought guys>!!!! Go ELRA!!!
Yeah, I was active today.. having fun.. $ELRA looks good and the DD tight here.
lol Mac, I keep running into you on my other plays/boards to today!
yeah as i posted this AM (before most woke up lol) I still hold some shares from .004's and added some yesterday.
Quietly holding. :)
$50 mill profit / 1 bill OS = .05 EPS
Based on CALI's march numbers, they could be on track for $84 million net profit, or which ELRA would get $64 million.
But to be conservative, ets just say $50 million
If we based this on 1 bill OS (since merger was done in all preferred shares), then you get an EPS of .05
At a 10 PE that is .50 per share
Possibly $64 million+ net profit
During March 2012, CALI generated revenues of $433 million, with a gross profit of $7 million
If CALI can keep that rate up each month that would be like $84 million in profit.
If ELRA's stake is 80% of that profit, that is at least $64 million net income.
This will result in a major EPS
np, hope it helps some.. Cheers!
Still here?! ASKED BEING RAISED AS I SPEAK!!Of course its still here!!! LOL Guys if i were you I would start spreading Elra all over the place!!! What i did is I went to my favorite most followed members who know how to trade and invest under the "most followed members" tab and sent them all messages!!! You all should be doing the same and posting on other boards!!!! ELRA is going to be huge these next 3 months!!!
I garnered the same news, bought an additional 125k shares this morning. If the haters come knock this back to the .007 or .0069 again, I'm loading up another batch of stock
interest is definately still here it looks like.
If I can get my stupid internet to work lol sure... Going to try end of day now. Sorry guys..I am going to post on other boards so ic an get a few others to help out :) this stock is going to be worth it the next 3 months :) go ELRA!!!! SUUUUPER THIN!! Help me post elsewhere guys! 5k up ticks us to .0086, 50k.009 29k .o11 :) yea buddy
Sleep is for suckers! lol
We had a hunch. =) You still picking up 3 mill today?
Once the stock is uplisted every brokerage firm and promoter on Wall Street will be drooling. Looking at the past year, their promotions can quickly pump companies with little or no revenues by at least 200-400%. Just imagine what they could do for a company with +$450M in revenues!
Uhm, i actually just woke up. I had a long night.
You keep working those numbers, I'll keep drooling $)$
Nice work and time will tell......
ELRA is Golden
Here's whats in store for ELRA shareholders based on the 8k
- Ludlow Capital based their $.05-.10 short term target on 3B o/s post merger but since the deal is ALL PREFERRED the o/s will instead be around 1.15B (845M o/s + 300M preferred).
Minimum 30M net profits / 1.15B o/s = .026 EPS
Based on the value estimates of other publicly traded Macau gaming companies a conservative PE Ratio would be around 10 to 15.
P/E ratio of 10 to 15 x .026 EPS = $.26 to $.39 per share ($26 to $39 post-NASDAQ listing)!!!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8601179
http://www.wallstreetnewscast.com/news/2012/may/elra-2745.html
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