Elray Resources Inc (ELRA)

[rmuncast]

Because of the known dilution trends of ELRAD (over the past year), and due to the current trading, I think people could at least get 0.0005s and 0.0006s in the near future (0.0006s have already hit today). And IMO there is good chance it will go lower. It's a crap shoot here on how low it will go before the next (small) bounce. The low point before each bounce has changed each time, but the bounces have been getting smaller.

So who knows if trying to hit the next bounce is even worth it. To clarify my earlier post, I am no suggesting that 0.0005 - 0.0006 will be the low before the next possible bounce. I don't even suggest buying since the timing is hard, and the bounce may be small. However the poster seemed set on buying, so I just was trying to suggest at least buying lower, since IMO, 0.0008 was not going to be the bottom (which has already come true).

Hope this helps clarify my post and thoughts.