Elray Resources Inc (ELRA)

[THREE-DAY-TRADER]

Since last Rev split, the # of outstanding shares has increased approx 90-100%. "Dilution" is the word over here. Trust ELRA only as a short term swing trade. Take the profit once you would conceivably get it & don't fall into the hype like most here & hold too long.
In general, you should treat most OTC penny stocks the same way & assume dilution as ongoing & trade accordingly