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I think more are watching it than you think. JMO!
Hey Peter! Sounds like a celebration isn't all that far away. I hate to say this, but I was thiniking exactly the same thing about next Thursday. No joke!! I was thinking that Erei might run the same basic play as last week. They seem to get in their patterns and somewhat follow them a good bit. I agree, not the real big one, but possibly the symbol change completion + partner contract details. If we get a more than anticipated boost when that does come, anything can happen at that point. They didn't say when they filed the symbol change, but only that it was filed. That could have been filed 2 weeks ago or whenever, so that PR could come anytime, but I agree that Thursday is a good possibility. I do think EREI will support their current market position this week a light PR if needed, and a good chance Monday morning. If not Monday, it could be aftermarket Monday or Tues morning. Depends on where they want to position themselves by Thursday or whenever they pop the symbol change completion.
Your assessment of the combination of events, food prices, hurricane, big news timing, is quite accurate. Everything is slowly coming together all at once, as you say. Was this the plan by EREI? Humm! Possible! JMO, but I think it may have been more of a backup plan if earlier trading patterns didn't develop as they expected, and obviously they didn't.
I think they wanted to move this thing since the end of May as they were hoping greatly for the reinstatement of the Uptick Rule, but we all know that went south. All didn't flow just right, so they continued to work things until a more favorable launch time approached. All appears to be lining up now and their plan, 1st or backup, is coming together. This week shoud prove interesting, once again.
IMHO!!
Sandman
Hey gwat; I agree. That's basically true, depending on what the company is trying to accomplish. If they want folks to see something and talk about it with fellow investors over the weekend and create a heavy buying interest for Monday, that Friday AH PR is more effective. If they don't necessarily need that effect, then yes, the Monday morning PR would be better. Since we got a good one today, and EREI is well on most radars now, it's obvious that a late PR really didn't need to be put out, even though I was wanting another one. Like the TV commercial says, "I want it allll, I want it nooooow!! HA! Of course everyone wants that. If that mid-morning PR hadn't showed up, I think one AH would have appeared.
We're on a roll now. I can't see them letting this slip back, but walking it up with new highs and new lows every day. I feel that builds it up solid to a great launching platform with the enevitiable big PR. As stated by Peter Griffin, we might get the really big one until after the symbol change is complete, which probably won't take all that long. We should continue to have supportive PRs though, until then. Peter has good insight on this stock and probably won't be very far off things when they go BOOM! The future looks so very bright with EREI. Of course, I don't have to tell anyone that on this board.
GLTY
Well, we got one good PR today anyway, which in the back of my mind lowered the possibiities for an after market one, even though I held on to my wish. I'm more than happy. What a great day! Monday will be interesting.
Wishing everyone a good weekend. Sandman
I totally understand your thoughts here. You very well could be correct. I agree timing is everything and positioning is, as well. I'm thinking that some pretty substantial news could still pop around 4:15, not far from now. News would further support our position for Monday. This could help boost us to a higher launch platform for whenever we the symbol change is complete and info released, or other big news pop. But what you say, makes sense.
Rome defintely wasn't built in a day, and neither will this, but I look at today's events and wonder if more isn't into the mix than what we might be seeing.
A PR after hours still won't come as a surprise. You're smarter at this than I am, so I won't bet against the accuracy of your thoughts. Ha! But, I'll still hold on to my wish in hopes it'll work out in the next 5 min or so.
Sand
Looks like the battle is at .015. Humm! 2 cents would be nice, but we might have to be happy with .016, if we can get back to it for a solid close. Interesting scenario we have.
Hello 1.6!!!!! Wouldn't surprise me to see 2 cents at the close. Anything is possible. If I get my wish for that BIG PR after market today, SO sweeeet! SO fun!!!
Raffi, I wish luck on buying at the .011 you mentioned. Anything is possible, but I'm not too sure I would get very greedy today. I would hate to see you having to pay higher. The pressure is on to move this up and if today's trading pattern is any indication, .011 is whistling dixie. If anything, we'll go higher before the market closes. If another PR pops after market, you can kiss .014 & .0145 goodbye and .011 will not even be a memory. Your call though.
JMO!
Not too hard Raffi to figure out. Read at all the PRs over the past 60 days or so, look at the current timing of what is currently going on, the gradual build up that shows you things as they shape, etc. Look at the charts.
The name change reflects more of what the company actually does. Eagle Rock, while a cool name, actually sounds more like an aggregate company, and nothing to do with food. Hang around awhile, and you'll figure it all out. Welcome aboard!
Hey there New Guy! With EREI, you might have to call yourself a short. HA! This company will be around a long time, but as far as making some nice profits, and even maybe phenomenal profits, I see that potential being pretty close.
The next PR?? Well, if a hurricane cranked up off the shore of Florida this afternoon, I could probably tell you. HA! We are only 2-3 weeks until the weather map will start to get interesting. We have a lot of storm # predictions to satisfy this year as all has been typicaly quite. I live in Florida so my eyes are always open from mid-August thru October. One hurricane anywhere that has a large impact, will have a large impact on this stock. I beleive the smallest amount of ration kits ever released in disaster event, was 5 million kits. The numbers will be staggering on a major event of any type.
Since no events going on right now, I would guess the next PR might be some numbers revealed on one of their deals like the mini dollar stores, etc. I have no crystal ball, so anything can pop out. Only know that you're in the right place at the right time. All IMO!!
Thank you sir! Credit is deserved. A lot of good comments from everyone here, but you do have great insight to detail. It'll be interesting to see what the new symbol becomes. What a nice Friday we have today. Life is good, and will be getting even better. I feel we're all blessed to be sitting in the position we are, and having gotten in while the opportuity was the greatest. As all will agree, finding the RIGHT stock is not the easiest thing to do. Not too often do we sit at the edge of a giant in the making and watch things unfold. These type things make life quite exciting.
Yes, the board does have a nice buzz to it. I usually don't comment that much on boards, but this one has sort of grown on me. Good bunch of folks here!
TO OUR FUTURE!
Sandman
Great News!! = SWEEET! Nothing like more support for today!
Yea, I rubbed the magic lamp and fortuntely my wish came true. To me, the timing looked perfect. I hear you get 3 wishes from the lamp. I'm really wishing BIG today. Peter thinks the next PR could be the BIG one we're waiting on. I'm thinking he might be real close on that one, if not right on.
After market today would be a killer time to pop that BIG one and set up Monday to be our best day yet and next week a break out week. I can't see EREI letting this opportunity slip by. It's too good. Strategically, the time is right, I think,.... but this is just another opinion. Let's see how my 2nd wish comes out.
Wishing all here, the best! Sandman
That next big PR you mentioned? I can't help but wonder if that one will appear after market today for a high octane booster on Monday. Wishful thinking, yes, but the gut sure feels strong for some reason. It might not happen, but sure wouldn't surprise me. I imagine many others here, have that wishful thought too.
Good analysis Peter! Interesting! I guess I got my wish for that extra supportive PR to back up the 1st one. Seeing that PR come out aftermarket on the heels of a high volume day was sweeeeet! With the shorters covering too, our typical slow trading Friday might not be so slow this time around. Ha! It's definitely exciting to watch all this unfold.
I wish EREI could throw in some more PR support today and see what would happen.
Good morning Peter & BC. What a nice improvement for start of the day. This has been under a penny for so many weeks that it looks strange now to see it above. Sure not complaining as I can get used to an upward swinging price real quick.
Thanks of your input. I would say we're in a good position for a short squeeze. Do you agree?
Interesting that EREI chose to wait until after the market closed on a Wednesday, to post a PR. Usually they do that on a Friday. It makes you wonder if they have something bigger planned for Thursday. Let's hope!
Hey Peter. Thanks for the deeper explanation of what positive parts the shorters play in the market. You did make some good points that I really didn't consider. I assume you're not talking about the naked shorters who don't have to cover, which is my concern. To me, the naked shorting seems like a license to steal. Got any additonal comments on that, fill me in. My other concern, like most other folks have, is the Uptick Rule not being reimplemented.
A few of your words in your post were a little bit confusing, but I won't worry about that as I got 99% of it. I agree completely agree with your opinion on EREI and that it will explode as you stated. I believe in this stock 110% and is why I'm in it pretty heavy. I'll be the 1st to admit, I don't know every facet of the market. But, folks like you, help me fill in missing pieces of the puzzle at times. Thanks again!
Sorry about the computer glitch on the repeated post. I still have no clue how something is sent 4 times when the send key wasn't even touched. We have some good folks on this board and I appreciate everyone's input, even those that sometimes doubt the company at times. But, since they're still in the game, I guess they don't doubt too much. GLTA
More news out! Now they're going after the Muslim market and any worldwide disaster, not just those in the US. This company is laying some incredible groundwork that will eventually create one of the largest companies and most succesful companies out there. Sooner or later, there's no doubt this stock will find it's way out of the shorter hole. It has to be sooner in my opinion. This can't stay down forever. IMO!!
Another day in Sleepy Hollow; We watch, We wait!
And, what's your opinion on that?
Hey Gucci Queen! Good to see you're keeping the faith.
I agree that probably nothing will change much this week until we see what ruling changes are made. Hopefully something will leak out ahead of time and we get a glimpse of what's coming.
Thanks to those that posted the ruling and explained things best as possible at this time.
From what I understand, companies that get these contracts, start out with small ones. When a disaster hits, that same contract can be increased immediately to fit the needs of the crisis. Therefore, little can be posted in the numbers dept as things are always subject to change. It wouldn't be impressive to say we have a $50,000 contract when that could be increased into the millions overnight. Could you imagine how powerful a PR would be if it announced a $10,000,000 contract? JMO!
Let me try this one more time.
I always say if someone doubts this is legit, let them sell out and move on to something else they have more confidence in. I'm sure someone would love to buy their shares. But, questioning is no crime and I think you made your point well. I feel EREI will divulge contract info when it's in their best interest to do so. My thoughts are, they're looking at the recent shorting pressure and regrouping with a different approach without using up all of their valuable ammo. IMO!
Wow! My compter went nuts! I didn 't even get to finish my post and it sent. I will try this again.
Hey Peter! TI always say, if you doubt something is legit, sell out an d move on to something else. , go for it
Hey Peter! TI always say, if you doubt something is legit, sell out an d move on to something else. , go for it
Hey Peter! TI always say, if you doubt something is legit, sell out an d move on to something else. , go for it
Hey Peter! TI always say, if you doubt something is legit, sell out an d move on to something else. , go for it
Hey Peter! TI always say, if you doubt something is legit, sell out an d move on to something else. , go for it
Thanks for your assessment of the situation. The stock market is a crazy game for sure. I can't see EREI going thru next week without some kind of positive change coming. I don't see us being down much longer as too many good things are sitting on the plate. IMO!!
Yea! I don't get on here much. I drift in and add my 1 1/2 cents worth and dissappear for awhile. You guys are the experts, so I leave all the technical stuff to ya'll. If this thing ever gets to where it should be, I'll be doing pretty well when I cash in. I'm in pretty heavy and glad I am. I have a lot of confidence in this and feel it's only a matter of time until the sails on my ship start appearing on the horizon. Right now, it seems I have a hole or two in the hull and been taking on water, but hopefully EREI will find some patch material soon.
HA! Good one Ed! I like your humor side. Humor is good for the board. It keeps things on the lighter side.
It'll be nice when your charts start looking up again.
Hey Peter! While I don't claim to be a stock guru, at least I can provide some humor. HA! I would say much of this circus with the naked shorting is highly unethical in my opinion and there's no doubt they drive some good companies in the ground. A buddy of mine watches 45-50 other pink stocks and he said everyone of them was getting beat on just like us, but even worse. Go figure!
Oh yes! The shorters won for sure! What a crooked system to allow good companies to get pulled down like this. And yes, it's up to EREI to make the next move. It's only a matter of time (short time) and they will. It'll be interesting to see just what they do. IMO!!!
Wow! What a few days make!! We aren't the only Pink that's getting beat up by the shorters, as most, if not all of them are. I don't see EREI letting this thing slide the wrong way too much longer. These guys have too much on the plate to stay where we are. IMO!! Sandman