Elray Resources Inc (ELRA)

[big gains1988]

I'm a holder of this stock, and I'm not trying to be negative but that is simply not true.
The OS has increased so much I am skeptical it can run like it used to. I mean hell, at trip 6 the market cap is 800-900k?
Getting back to over double 5 or up would make the market cap well over 10 mill, and I think the market is too smart to value the company that high.
Again though, I still think trip 6 is steal given:
1. Several people are locked up at much higher prices (less likely to sell)
2. Debt holders could urge to pump the stock with PR so they can convert.
3. Dilution has slowed/stopped for a hot second.
It will be interesting to see what happens, but I have to disagree completely.
4. We are due for news at some point in the near future.
Many things have changed since the last run.