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oooooooooook! Just taking your post as stated, but I know nothing is guaranteed. As far as potential squeeze price, I would think if this is shorted 60,000-100,000 shares, it would have quite a bounce.
Anyone not adding to their portfolio now, is either out of powder or nuts.
You go it. It will get real fun when they do.
I think you're right. Just my take on this, but I think EREI is trying to gain as much attention as they can so when they DO pop numbers out, as many people as possible will already be watching. Anyone who reads all of the PRs since June 18th, would be a fool to not keep this on their radar. Erei WILL BE a major player in the very near future! They have too way much in the works and deep involvement with great connections to not be.
IMHO
Sandman
Ah ha! SO, based on no loopholes, you think tomorrow is a prime day for a squeeze. Intersting! Thanks for the explanation!
That was reply to older post by edward; Does anyone know what he meant there?
Edward! What do you mea by 13 days?
Very true TL. It's only a matter of time here. Nothing that is good, will come quickly. We just have to be patient. I think the shorter pressure was a bit more than they expected so I can only imagine that the powers at the helm, are back at the table putting together a more comprehensive game plan for the very near future. When it cracks, I think it'll crack good.
A short squeeze HAS to be in the cards somewhere. A meaty PR and some heavy volume should kick us back up and well beyond a nickle. Despite getting beat up by shorters real bad, I think we have too much strength for the shorters to mess with us for much longer,..... and they probably know it too. I saw someone talking about be happy with exiting at a dime. HA! That's awful small thinking for something that is developing this big. Everyone has to make their own decsions, but they might want to run that number up a whole lot higher. I don't plan on dumping anything for under a dollar, but to each his own. If a squeeze does occur, I'll bet it rocks over $5.00.
Just my opinion here!
Sandman
Geez! All day battle! Not what I expected. Must be reasons that no back up PRs have follwed the late one from yesterday.
Fierce battle going on this morning. This thing needs a mega PR to kick the shorters in the head.
Back in here for a bit, to check on the latest chatter. All sounding good!! With a late PR yesterday and on a weekday at that, the stage is being set for today, and probably bigger news! NO other reason to do it this way, that I can see. I don't know if we're going to be hitting short squeeze territory today, or just setting the stage for next week. No doubt though, SOMETHING IS UP!
IMO Sandman
hahah! As Larry the Cable Guy says, "now that's funny, I don't care who you are"!
Soon as July 1st rolls around, I think we'll see a lot different picture than what we have right now after the short covers are over with. They're sure beating it to death today!! Geez!
I'm looking for that after market PR today, just like the past 3 Fridays, to give some support for Monday morning and help us stabilize some thru June 30th. They could choose to wait until Monday morning to put one out, but I don't think they'll change their pattern. In about 4 hours I guess we'll know.
IMO
Sandman
It should take only one hurricane in my opinion, but 2 would defintely send this to unbeleivable levels. Too bad for those where it hits, but that's nature. Anyone near the coast is always in the bullseye. So when you see that familiar swirl icon on the weather map this year and future years, place a dollar sign in the middle of it. For us, it will take on a new meaning.
You're probably right. He got under my skin yesterday and I lost it for a few min myself. Not my usual characteristic. Everyone deserves a 2nd chance. There isn't anything wrong with having some concern or questioning things. It's just better they go about doing their DD and bringing the facts of their concerns to the table,than to condem the company without anything to back it up. What happened to "innocent until proven guilty"? Those that have little patience, can learn from those that do, if they're teachable. Let's see if he is.
Sandman
Good one! That's funny. We might just have to hire you as our comedian rebutal spokesman. Go EREI!
I hope you are right! I'm not sure why we didn't do a better job matching the pressure by the MMs on Thursday. I surely thought they would keep on them, but then again, I don't run the show and I'm not the strategist. With the uptick rule not in our favor, I feel EREI might be trying to throw the MMs off some by being a bit unpredictable. OR, I could be totally wrong and way off target.
But, we sat idle Mon & Tues, then BOOM, we hit it with a big PR and we made a big jump. Then, we slacked off Thursday and and the MMS beat us down some. It will be interesting to see if EREI really swings back on them this morning, and give us a good bounce, despite it being typically slow Friday. That would be a good sign and maybe give my speculation a little confirmation. Let's keep our fingers crossed for a better showing today!! IMO Sandman
BINGO! Plain and simple observation. I like it!
Sandman
It's good to see folks settling down some. I feel very fortunate to have a position here. We bumped up 178% one day and only dropped back about 38%, so we still are much better off than we were 2 days ago. I still think by Monday, things will be recovered nicely. It will be interesting see if EREI responds to today's events and surpisingly comes back very strong in the morning which is probably not exspected on a Friday. Every day is a new day and anything can happen. That's what makes it all exciting.
IMO Sandman
WEll said!
Sorry about the typos. I have driver problems or something that occcasionally erases things in my emails or post and sometimes come out weird unless I check everything over with a fine tooth comb.
Trader, I can't beleive these guys!! One minute it's all whopeee, and the next min when they see something they can't figure out in the 1st 10 sec, the lynch party comes out. Amazing! Come on folks! Get a grip! You start accusing this and that while you know absoutely nothing. Wait and see what happens over the next several days, AT LEAST!! Geez! If your patience is no longer than this, you're i the wrong game. You're shooting yourself in the foot along with all of us with NO proof of anything to. Just pure speculation! Back up 3 steps and breath for once! Connect the dots and look at what is before you. It doesn't take a rocket scientist to see what opportunity lies before you. When things eventually become more transparent, you're going to look like a fool, so don't put your self in that position. We're all in the same boat here, so don';t drink the saltwater or you'll lose your mindmind. When you have solid proof, then voice your opinion on something you can stand on. Speculation usually does more damage than good. United, we have far better chances of success than being divided by sending out signals based on nothing but what you think you see without any DD to suppoort those signals! NO one is gulity of anything until proven otherwise, in my book.
JMHO Sandman
You got it! I finally see a little activity, but nothing earth shattering yet.
Some counter pressure needed from EREI to get this thing headed back in the right direction! I'm surprised they're this quiet this long. Over 2 hours to go though, so we still have time.
Definitely a lot of shorter pressure today, but with do little Friday coming tomorrow, I think we'll see some real good counter pressure this afternoon in an effort to close out above .034. Friday should be a maintain day and not lose ground with a possible after market PR to spook the shorters even more, plus attract more & bigger money buyers over the weekend who are sitting on the side watching this stock with great interest. The focus has to be on Monday and the rest of next week now, to kick this to a whole new level. Today should remain interesting as we continue to set next weeks fireworks. Anyone that doesn't realize the strength of EREI at this point, isn't paying attention. Obviously the shorters do!! We need to help push this thing over .034 into the higher 3s to maybe even .04 this afternoon and make tomorrow FREAKY FRIDAY for the MMs.
IMO Sandman
I agree 100% Trader! You have your stuff together pretty good. Glad to have you on board here. I've learned alot over the past few years, but still have a lot more to learn with this game. I remember you from the PBLS board. No doubt, we have a winner here and like you, feel what we are seeing only the tip of the iceberg. EREI is on the way to becoming a giant and a major player. Good luck to you and everyone else who has been fortunate to find this great stock.
Sandman
Scottrade messing with customers Wednesday, obviously because of their nite connection. They can't beat us straight up so they're messing with this stock by flagging it and not allowing their customers to buy online. They can call in and buy, but NOT online. DUH! They are the ONLY brokerage in the country doing this to EREI and their customers. I called my local office 1st and got them to fwd my complaint to their corporate office. I then called their corporate complaint dept to back that up. Their complaint dept is making all kinds of flimsy excuses as to why they're doing this and none of them hold water. One of my friends had one of their complaint reps squirming and stuttereing because he nailed him to the wall with every excuse he gave for their sorry actions. I've contacted all of my friends that use and don't use Scottrade, to call in and express their anger at Scottrade's actions. The more heat we put on these jerks,the less negative affect they'll have on the stock movement. Anyone wanting to burn some phone lines and no doubt, tie up their Complaint Dept,or as they call it, Compliance Dept. call 1-800-570-1980, ext 1900. They need some heat on them to help force them to get off of EREIs back.
This is totally a manipulation effort to help jam this stock anyway they can. They did this back about 2 weeks ago on another high volume day, but I was unaware of it that time until today's repeat event on a high volume day when one of my friends couldn't trade EREI online. I don't know exactly how much influence they've had on the stock by doing this uncalled for action, but obviously it can affect timely trades and affect the nite shorting war that's going on. It doesn't take an astronuaut to figure this one out.
I'm thinking we may not see a PR today, if we can do good battle against the shorts without one. But you never know as the company might just slam them hard while they're on the run and losing sleep at night wondering if their going to lose their shirts here. HA! I think it's only a matter of time (short time) that we shake them off and walk this thing right on up. We could always get surprised, but Friday will probably be another hold the line day like the past few Friday's, with a PR out shortly after the market to set the stage for a slam dunk day on Monday. By then, we should shining very bright on the radar, even more than we have. It will be interesting to see how all this plays out.
In My Honest Opinon!
Sandman
Things were a bit slower than I thought they would be today, but that only means we will have a better day on Tuesday. I think we'll see some good volume days before this Friday. It'll be interesting to see what the last few days of this month brings. IMO Sandman
I agree TL; When this thing gets into that 2-3 cent range, we might could see the shorters start throwing in the towel and covering heavy. I like Momentum Trader's view of the short squeeze potential. I think he's right on target! I firmly believe too, that we're on the brink of great things with EREI. I beleive there was an after market trade at .0145, so we could open a tad higher Thursday morning. The shorters might be getting a little nervous with what they're seeing. I wouldn't be surprised to see some extra pressure applied Thursday and see us solidly break past the .015 mark. Friday could be another "hold the line day" like last Friday. Next Monday, we might be hunting for that 2 cents if the rest of this week goes well.
IMHO Sandman
Anyone want to bet that another PR won't come out at the open on Monday! I give it a 95% chance!! You got know when to hold'em and know when to fold'em!! I'm not counting my cards until the dealing is done!
The HEAT is on!! Eagle Rock, ROCKS!
haha! You're too much!
Ok, Just be carefull and not trip before you get to the store. You won't be able to get the proper fit! HA! You want to be comfortable when you run.
WOW! Just caught your post before hitting exit key! Don't think these guys aren't playing this a certain way. NO wonder they let it sit at .012 today. Another PR after hours. HA! Oh well, they know what they're doing and it's throwing a curve at the shorters at every unexpected turn.
IMO Sandman
Out of here too! GO EREI!!
Thx! Have a good one!
Yea, I feel you're correct on that one. If a PR hits on or before Monday, OH BOY! Watch it move! IMO Sand
SO true! Nothing like motivation. We're in the right place at the right time and that doesn't happen everyday.
IMO Sand
I hear you're the shopping queen! HA!
Corecto Mundo! What's cookin' TL?