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Re: Marilynt post# 28117

Friday, 07/25/2014 2:22:40 PM

Friday, July 25, 2014 2:22:40 PM

Post# of 72314
ELRA sits at an ALL time low and going lower. Reverse split of 1 for 10 on the horizon.
I don't think you made any money on that last trade. Time to average down again? Cheapies for sale.

ELRA has $10,000,000 more in convertibles to sell. That equates to 1,000,000,000 1 billion shares at .01. At that rate, there will be at least 10 more 1 for 10 reverse splits. Yes you can make money with this issue, but your timing has to be impeccable. So far, the company is winning this game.