I compare Bitcoin and pot stocks potential to someone in 1998 saying this crazy though: "Buy into the Internet market space" Not so crazy now...
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Dilution can always be mitigated IMO. They are just starting out and have been diluting to finance their activities. Dilution will slow down and they will let the stock go much higher before opening the flood gates of shares again.
Although I wouldn't be surprised to see a big dip tomorrow morning, I strongly believe this will close green by quite a bit tomorrow.
It's a lot more than that now, go back a few days in the posts and a few got the info directly from the TA. SO is probably around 1B now. But like I said before, 486M volume will crush the down pressure of dilution!
At that PPS I'd nearly be a billionaire lol
Should I sell the rest of my 0.0007s tomorrow or go for the homerun? ;)
Killer money :) looking forward to making more tomorrow.
Always dilution. Heavy volume will eat it up and send it up another 100% tomorrow
We traded half the OS today!
Dilution? Of course, the reason they are public is to finance their venture. With the massive volume in the last few months, the stock won't be affected by dilution in the long run
Who wouldn't want in lower? People will always try to point out negatives for that purpose.
Wagering revenue will increase monthly
They have dumped millions of shares in the last few months. But with
400+M volume trading days it doesn't matter!!! Investors will easily eat up the dilution and ELRA will keep rising!
Where'd this pressure come from today Blue?
Nice IFON still waiting for 10$
Just came home to my biggest gains ever! Beers on me folks! Just cleared 40k!!! Yeeeehaa :D
Holy shit! :D
AS did go up but ELRA has roughly 2B volume since October 1st!
I'd be worried about the 1B increase in AS if the stock was trading 1 or 2M daily, but that is not the case.
Major breakout this week IMO.
That's brutal... sorry to hear that, practically worth nothing.
I own several million shares and even at that it's not worth very much!!
Looks good!
June 30th 2014 Authorized was 890M. From their 2nd Q SEC filings.
Link:
http://quote.morningstar.com/stock-filing/Quarterly-Report/2014/6/30/t.aspx?t=PINX:ELRA&ft=10-Q&d=7edfc812ca083c54ed2c14bd1379be4
They would have to file an increase in authorized shares. Someone should ask the TA what the current AS is next time they call to be sure.
784M Outstanding VS 890M Authorized
Should be 890M.
Garyst, have they increased their Authorized Shares since the last financials June 30th 2014? If they haven't they are getting pretty damn close to maxing out the amount of shares they can issue. If that is the case ELRA will explode soon, especially if this volume keeps up.
Looking forward to third quarter results. They will be out in 2-3 weeks.
It's a pink sheet stock for a reason. Of course they won't answer the phone!!! And they don't have to. If they were on a big exchange then you could expect an answer or a call back.
"Best week in stocks"?? lol hilarious
Breakout imminent! ELRA will head back to $0.002
They have let it run many times before to attain a higher PPS before dumping more shares therefore getting more $$ for their newly printed free shares.
She'll run again soon $$
Buying 8s and 7s today
Any developments?
Too bad a lot of investors aren't aware of IFON... for risk averse investors this stock is a very legit investment IMO!
Yup charts looks good indeed
Let's make some $$$ IFON!!
You're good. Real good ;)
Personally I'm not quite there yet in my portfolio but working on it! It's impressive that you have $150k+ invested in IFON!!
IMO they need a marketing campaign advertising their two most recent phones. I'm sure masses of people would start buying them if they knew they existed!!!
IFON will make a few patient investors millionaires I am sure
GBHP* > HEMP!!!
Loading as much as I can at the moment!
IFON is going to be a huge cash cow for those in right now!!!