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Well, the guy can't spell or complete a sentence... so big red flag there!!lol
Great point, thanks.
Actually a tank would suit me just fine right now. LOAD TIME and HOLD TIME!!
Tank?? Hardly, just a pull back. I've been here since trip zeros. This is a huge opportunity. Do the math and realize what's here, or move on...
I really do hope it tanks for a bit so I can LOAD UP!!!!! This is a rocket ready to explode. Just let it tank on FRI so I can have some powder to add!!!
Here here!! Strong hands win!!
The numbers today reflect the shorts today. There is no way to know what was covered by todays selling for yesterdays shorts etc... All we know is the pot is low, and with locking up that pot with strong holders, they have to raise the price for future buyers and sellers. Unfortunately, there is no way to tell how much was covered, only a day by day FTD. The prime thing to realize is that the shorting goes on day after day and they have to cover everyone and make good. If the float can get locked up here with strong hands then we see penny's before a dump. Per the SEC:
Close-out" Requirement: Regulation SHO imposes additional delivery requirements on broker-dealers for securities in which there are a relatively substantial number of extended delivery failures at a registered clearing agency7 ("threshold securities"). For instance, with limited exception, Regulation SHO requires brokers and dealers that are participants of a registered clearing agency8 to take action to "close-out" failure-to-deliver positions ("open fails") in threshold securities that have persisted for 13 consecutive settlement days.9 Closing out requires the broker or dealer to purchase securities of like kind and quantity. Until the position is closed out, the broker or dealer and any broker or dealer for which it clears transactions (for example, an introducing broker)10 may not effect further short sales in that threshold security without borrowing or entering into a bona fide agreement to borrow the security (known as the "pre-borrowing" requirement).
Bottom line is that if they short it, they have to cover it supposedly within 13 days. The more we buy this up and the more we hold. The higher (because we ain't given them back) they have to buy them back to cover. I wish we could figure out what has been covered or not, but since it's an agregate number, we cannot. But, they still keep shorting it so they still have to cover. That's all we have. BUT, with a small amount in the pot like this stock. The only way is up with strong hands.
I fully agree. This is just a pull back. All squeeze plays go through a pull back. This will rise once again. It trades super thin! GLTY!
Here are numbers, I posted this earlier and I believe my data is right:
This is THE best point here. Let's do some simple math. Per the SC 13D/A filing:
299,998,972 common shares outstanding
minus
102,225,000 Owned by Mark Uramm
minus
22,000,000 owned by Shrude. (assuming honesty and still holding)
leaves
175,773,972 This is all that is left folks.
Now, considering we have some strong folks here that are still holding, this pot is probably much less. Even so, this means 35 strong people,could lock up this float easily at owning
5,022,133 EACH
It's probably way less given we have some strong folks here already!
I am LOADING UP!!!
News is all speculation. I am not expecting any anytime soon. Positive news would only be gravy. Very, very tasty gravy.
The actual FTD's that are covered cannot be determined. It is an agregate number, not cumulative as someone said before. So, todays fails can be covered tomorrow and so on.
Locking up the float will force MM's to buy it back at much higher prices. That's what I am hoping for. Strong hands.
Here is how the SEC defines REGSHO/FINRA data posted at the bell:
The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterday's aggregate fails. Thus, it is important to note that the age of fails cannot be determined by looking at these numbers. In addition, the underlying source(s) of the fails-to-deliver shares is not necessarily the same as the underlying source(s) of the fails-to-deliver shares reported the day prior or the day after.
The point is, FTD's continue in this stock and by strong shareholders holding on...MM's have to buy it back higher. This stock flows up and down so fast it's easy to see there is little in the pot. We should be waaayyy higher than this. I'm holding.
What you say?? You're in??? lol
Wow, that's the most positive you've been to date!
All I can hope for is .001's or below, but I'll take all the .003's I can get my hands on. And look the Heck out!! I'm backin up the TRUCK and LOAD TIME!!!!
Trust me, I'm in this for penny's not subs.. I'll be buying as much as my paycheck will alow on Fri. All I hope is that it's at a good accumulation point then!!! I'm with ya, just like Rooster Cogburn in True Grit my friend!!! :)
I'm with ya Null! There are many others strongs that have been accumulating since trip zeros. So, lets play this out. Contrary to what people believe, this is far from a pump and dump.
Trust me, I'll be throwing powder at it on friday PAYDAY!! Let's own this!! It could get interesting, and I would say FAR from over. Hopefully the twitter pumpers are gone!!
Oh, and by the way...I have close to a 1mil locked up and if this thing dips back to .001 I am definately LOADING. I will still load, but accumulation will be faster there! :)
Best point to date by: BOWBENDER is "LOCKDOWN"
This is THE best point here. Let's do some simple math. Per the SC 13D/A filing:
299,998,972 common shares outstanding
minus
[b]102,225,000 Owned by Mark Uramm
minus
22,000,000 owned by Shrude. (assuming honesty and still holding)
leaves
175,773,972 This is the pot folks
Now, considering we have some strong folks here that are still holding, this pot is probably much less. Even so, this means 35 strong people,could lock up this float easily at owning
5,022,133 EACH
It's probably way less given we have some strong folks here already!
I am LOADING UP!!!
FOLKS:
Pink sheets show the ETLS officers as:
Company Officers
Terry Eilers, President, CEO
Michael Sullinger, COO
Virgil Baker, CFO
Read the filing from Feb, 19th Mark Uram is the majority share holder and thus has voting power. NOT the CEO. This is how I read this. IMO
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=etls
He owns: 120mil shares of this:
Estimated Market Cap
$2,369,992 as of Apr 12, 2010
Outstanding Shares
299,998,972 as of Jun 30, 2008
Authorized Shares
300,000,000 as of Jun 30, 2008
Nothing more, nothing less. I don't think it would be considered insider info for shrude to chat with him. IMO Again, not sure.
MORE WACKS!! NICE!! Somebody buys those up!!!
49-55 JUST LIKE THAT!!!
This stock doesn't need news, people need to realize how thin this trades. Realize how short the pot is. This could get right back to .007 in a hurry.
Great buy! This thing moves so fast. A measly 11mil traded so far! Should go up just as fast!
I guess we can start this whole thing over at .001! Giving back MM's shares.... people!!!!??? SEE HOW FAST WE GET UPTICKS IF WE BUY, BUY, BUY!!! You people that bought at .01 yesterday, great time to average down!!!!!
I guess we can start this whole thing over at .001! Giving back MM's shares....stupid people!!!! SEE HOW FAST WE GET UPTICKS IF WE BUY, BUY, BUY!!! You people that bought at .01 yesterday, great time to average down!!!!!
Nobody gets it!!! These are stupid cheep!!!
Weak people just handing over shares!!! C'mon!!
Nice uptick, keep it up!!!
Yep, thanks!
And buy more!!! Cheepies here!! A penny was tested today, no reason why penny's can't be tomorrow! Load up at these prices! Only so many marbles in the pot!!
YEP! Thanks! Bottom line is.....
I've never been in a stock where the shareholders have the control like this one. I've been here since (trip 000's) it was "Seven, Captain, and others posting a few positive posts a day thinking....dang!!! IF WE ONLY HAD MOMO!! And they kept strong saying...we'll get it, we'll get it, just wait! I bought .0011's thinking dang! This trades sooooo thin! If we had ANY kind of volume with what we have here (money basket!).... and so on. Glad to have all on here now, and I just hope all know what could be available to them! AND, that WE are in control if we buy and sell smart.
Oh...and I definately wont forget, Shrude!!! WE can all thank SHRUDE for helping us to tie up this float (22mil)!! And, we all know SHRUDE wont dump his pile all at once since he's been here cheering this on for all of us too! Thanks SHRUDE!!!!
Oh... And SHRUDE, laid his arse on the line to promo this too (spent a few days in ihub jail for ALL OF US! Thanks again. Let's rock this and hold strong!!!
The "shorting/cover" is an agregate number. Eitherway, they will keep shorting it to keep the market flowing. Even by the FINRA, REGSHOW numbers, no one knows how many shorts were covered (althought if the percentage is high, as was today!! AGAIN), they need more back to make good. They have been shorting everyday, but know one knows what was covered. But definately not what's in the pot 300mil+-(have to revisite the #'s) sorry, super low anyway. Technically they have 3 days to cover after they sell. But the SEC will let them sell and sell and sell, because they have to keep a fluid market. They've been shorting this stock for over a month now!!!! Trust me, I've been around since .0006. Whatever they sell and don't acctually have to give, they have to make good on. There are only so many shares in the pot, 300mil+-. MM's NEED them back to deliver to the next guy. But, strong hands make them buy them back at higher prices. Do some DD on naked shorts and short squeezes and you'll get the concept. If there are 5 marbles in the pot and 10 people want them... Then 5 SMART people will give them back at a higher price... and so on. Simple concept. HOLD your marbles and sell them back higher (at the ASK of course, as to not destroy the run!!). Simple Supply/Demand theory. The demand makes the MM's have to buy the limited supply back at higher prices. THUS, the SHORT SQUEEZE!!!!!!!! This is literally controlled by the shareholders!!! The stronger they are, and more BUYING PRESSURE THEY ADD, the higher the MM's have to buy them back to deliver. Simple Supply/Demand theory!! Today there were waaay to many panic sellers that simply do not understand this concept. Sure, take profits at the ASK, but DO NOT dump huge holdings. Hold more for those higher prices... I cannot stress this enough!!! Huge dumps at the bid = huge ticks down. Small dumps at the ASK= stable prices. Even moderate dumps less than a mil at the ASK= moderate price fluctuataions. Even MODERATE buying pressure=TICK's NORTH!!! This stock is traded super thin!!!ONLY WE control how much we want this to tick north. Let's go TEAM!!!!!
There!!! That's my speech for the night!!lol I'm just disapointed that when the shareholders have the control!!! That WE aren't trying to crash .02's down NOW, and we should be!!!! When, we easily had .01's knocked down!!!! Makes me sick!! C'mon folks!!
Agreed! People don't understand the concept that we OWN this thing and there are so many marbles (very, very few!) in the bucked that everyone wants and the MM's need back!! This could be flipped over and over, but I'd rather see multiple pennies first!!!!
Does everyone realize how low this float is??????? WEEEE control this!!!! We could flip this from .001 to multiple pennies all week long! Panic sellers move off of this!!! Sure Take profits at the ASK, but this can be driven ALL the way down and POP everyday. I'll play this game forever!! GOLD MINE
Well, Shrude claims 22m so he's long and strong. He's been here awhile with some of the rest of us.
There is no news except the Share structure is established and locked up! There are only so many marbles in the pot to go around. Too bad we had some scared folk here. But, IMO they could take this all the way down to .001 again and the same thing can happen. This could be sqeezed up all day long until we get news. Or something substancial happens. Float is too low.
Do you know what a SHORT SQUEEZE IS??lol No P&D here. Just panic.
Exactly. We control this thing, and people just don't get it. It'll bust through penny's soon enough.
WOW!!! HOW PATHETIC IS THAT BS! LOTS OF PANIC SELLS THERE!
Well Sombody slap it already!!!!
94!!!! That a way folks, lets bust that .01 down so we can move on to better things!!!