Elray Resources Inc (ELRA)

[macdwatcher1]

hello newtrader2017...yes, elra looks to beunder accumulation...for about two months now....check out level II....level II looks good for elra...i also think the two bosses in management at elra should take some of their money and make elra the company work...they get big enough salieries from working for elra,,,,if they dont want elra to fail and they believe in their company elra, then they should put some of their own money into elra...instead of watching elra just die...the 10-k last week was good...the news wasnt good, but it shows elra is still a reporting company...one final note.....about a year ago, elra requested a 1 for 300 reverse stock split and the sec or finra declined them.