Elray Resources Inc (ELRA)

[Steinkrunk]

PULL DOWN?

I was just reading a good post about sub-pennies and trips and read a description of a pull-down that describes exactly what's happening with ELRA. The stock is being diluted and prices are falling. However, towards the end of last week there were multiple $40k buys. Possibly VCs getting in towards the bottom? That might mean ELRA is getting ready for more promos possibly with another substantial price increase.

Or I could be wrong and they're just diluting into oblivion with intentions of a R/S down the line.

Oh well, we'll see on Monday