Elray Resources Inc (ELRA)

[anon13333]

Gary, you can't blame the company for having a never-ending money machine. This is a brilliant idea! You have to blame the people that buy this junk. Everyone thinks they are smarter than MM's, debt-holders and ELRA. These people know how to make money by printing shares. The only thing anyone can do here is to sell immediately and everyone else just avoid this issue altogether. Way back when this was trading around .04 ($12 without the splits), I suggested that you sell and just try to day trade this issue. You pointed out that ELRA had previously made great runs and you were waiting for the next great run. Unfortunately, that great run never happened. That mentality is still going on now. People are waiting for the next great run; however, that does not appear to be happening. All holders seem to be trapped. Why keep giving the brokerage companies $20 every six months for conversions?

THE ONLY STRATEGY HERE IS TO SELL EVERYTHING NOW AND NEVER LOOK BACK. ANYONE CONSIDERING BUYING ELRA SHOULD STAY AWAY. TRYING TO MAKE MONEY WITH ELRA IS LIKE TRYING TO TAME THE ALIEN CREATURE, IT IS NOT GOING TO HAPPEN.