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Did that run follow a PR, or was it actually "out of nowhere"?
I agree. It won't move until the company stops diluting. It just seems it may be over soon (for a little bit) as it seems the company doesn't want to drop the price much lower
Hiding shares at 0.0167 again. But like before, it can be broken with enough buying pressure
I hope so. I had to add funds in order to avoid an inactivity fee lol (due to my dormant stock that you know the name of lol). So I waited for what would hopefully be the bottom of ELRA
True. Am I wrong in thinking that it is at least a bit better than shares being hidden at the ask?
Yes, but looks like the MMs absorbed the hit, rather than retail
Thanks. I had wanted to see how many bids were ahead of me. But I ended up moving my bid up once I saw the large number of shares going through at the 10k bid at 0.016.
The way I see it is that the MMs are holding it up, and don't want to see it lower than 0.016. A lot different than previously where he ask was hiding shares, so I wanted to get in
What does L2 look like below 0.016?
Thanks, I'll check it out
Is there any easy way to check out the selling pattern back in October when it when back to 0.011, and check similarities with the diluting right now?
I don't have L2, so is there a good site with historic L2? If company was diluting then, it may hit the same low and then fly again????????
The NXCP board sure is quiet
Not even ACE is posting
IMO ELRA will bounce back up to previous levels, but not until the company stops diluting. It will go down more. I don't expect it to hit 00s because the company seems to have something going on, and doesn't want to completely destroy the pps. This the bottom may be similar to the low last October.
I have extra funds coming in, and once the clear, I will look for an 0.012-0.013 entry so that I can catch the seemingly inevitable bounce
Was that ACE who exited today?
Nice buy. Hopefully that becomes common soon enough
Still waiting?
Large bid
It's funny that you mention it as if I was puzzling it out lol, because that's the way I look at it. When I see discrepancies or patterns, I like to work them out. From your analysis sounds like you like to as well
Agree. I just hope for shareholders it doesn't get to the point where it needs 20 million days
I agree that it still has a decent float, and this will take a bit more volume to move. BUT, IMO it is going to take even more volume because the float is also currently further expanding.
We need something from the CEO
I can't believe this is actually still happening
The good thing is that ELRA is going up again today.
The bad thing is that it is going to take a hell of a lot more volume (to offset the dilution IMO)
It's no longer moving like it did a few months ago (like a low floater)
I was actually referring to the 10 share trade lol
That last sell was mine. I was bored so I sold my entire position lol
Exactly. It happened at 0.03 as well. If it looks like there is enough buying at 0.031, the ask will change to 10k at 0.032, but more than 10k will be there
A smart dilution would be to hide shares at 0.03, and then hide a few more at 0.031, and then 0.032, and so on. Allowing you to hide your shares, but move up the pps a little bit, so it isn't obvious
Also note that in the PR, it states the # of shares as of February 2014 had been 38 million with a float of 26 million. This means as of feb 1st. There have been 18 trading days since then. Trading days that could have had more dilution
IMO. 0.03 is the dilutive lower limit that the ELR• has set for itself. Today you will see a ton of hidden shares go through at the ask of 0.03.
Any thoughts on this?
Ps. I am not trying to bash the stock. That's why I am posting it over hear rather than on the ELR• board. My intuition is telling me this, and I am simply trying to get others opinions so that I can hone my intuition.
It's weird that the number you got from the TA for the outstanding shares is larger than the amount they just put in their PR today
Might just be 1 or 2 large holders still trying to get rid of all of there shares
Yes. If we would have went current much sooner, we would have seen a nice rise in pps. After having to wait so long, it is going to take more to get some inertia going.
A body at rest tends to stay at rest - Newton lol
That would be nice. Investor confidence is not exactly high after having to wait so long. Thus why we haven't seen a rise in pps after going current.
It doesn't even show up with my broker lol
I thought 0.03 was going to be the bottom for ELRA. But I'm not so sure anymore, it might hit the 0.02s
Agree. Obviously if a company puts in all that effort, there must be something coming
Looks like there are still some people who just want to get out. Fed up with waiting so long, which is understandable.
It will be nice once we can get rid of them and start moving on up
Lets finally get rid of that seller with 27.202k. They keep dropping the ask
Looks like somebody is taking this opportunity to get out. They must not want to wait any longer
Hope it happens in the next day or so. I'm going to Miami beach for a vacation next week, and I need to pay for it lol
NXCP back in the 0.02s!