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I'm starting to believe that there will be no news release and that this was a paid pump by the insiders to dump some shares... imo
The states are nothing compared with the size $ in China. Its something like 7B v 2B or something ridiculous... so the market is currently ripe for China and I believe they're the biggest users of bitcoin... as the us market develops with states approving online gaming and bitcoin acceptance as well, they should be in a very good position.
yep, you can play...
Is this thing Halted?
Looking at L2 if it stays... looks like flirting with .09's and then popping to .13 quick
L2 showing .098 next stop.
OK, looks like here we go....
Sit tight... will be a wild ride... this isn't for the faint of heart!
Relax... and who cares what Sykes does... you think he controls this market or something? lol
It's on the watchlist as "ELRA so I sold for small profits...there's only 10 million tradeable shares so if the volume gets bigger it has a chance...potential buy on better news/more volume. "
They are going to be a credit exchange for bitcoin... this will run with bitcoin hype.. http://finance.yahoo.com/news/elray-gaming-jv-develop-bitcoin-151500828.html
Yeah but then after he sold he posted that its on the watchlist because its back up to .14 on ELRA and "I wasn't so crazy after all". This can run and is obviously being promoted. This week will run, not sure about next week. Bigger risk/reward to buy then short this thing. Anyone shorting this thing is crazy and imo is a suicidal move!
Here is what Sykes communication was yesterday
timothysykes Bought 145k ELRA $0.12
The only Bitcoin -related stock I see, with Bitcoin getting so much press, this could fly and ideally we see a Seeking Alpha article or message board hype push them up...small position though as its already doubled from 6 cents/share in 2 days, this could still double or even triple though given the only $3 million market cap right now
Sykes initiated a buy on ELRA yesterday at .14
Testing .15.. should break!
.15 will come and then .20 watch... strong vol
ELRA should get some legs in afternoon and run to .15 to test .20
Expect a release regarding the lqmt work for the upcoming products... the stock will stay where it is and like i said will not drop significantly. gl
I don't think you'll see much of a drop. Right now the stock is priced as nothing with aapl with the upcoming product release. If there is nothing I think the stock stays as-is. If there is, the stock rockets quickly and see $3/sh. The question is could both companies keep it this quite for this long without it leaking? idk- but highly unlikely.
I do find it strange that the rumors originated from Korea.... suspicious indeed.
GLTA
He's waiting for work because they found out he's the one who let the "cat out of the bag" that LQMT was in the upcoming iPhone5 back in April when the rumor came out of Korea. (Korea Electric Times and several other Korean sources reported on April 2012)