EZ Traders Forum

[andrius]

eztradin
I was hoping JRVR would make a bigger than a mini run :) It ran from .01 to .08 3-4 months back and had some smaller 100-200% runs since.

After the last run to .036 it got FANC "virus" and came down to .015 area where it had a few nice volume days. FANC seems to be backing away on very little volume now which wasn't the case a couple weeks back. This leads me to believe that FANC should run out of shares soon and there should be a nice pop. There are almost no sellers under .02 and thats why JRVR keeps popping back up to from .015 to .02 on very little volume. Wednesday it popped up from .015s to .02 on 500k volume. Maybe if FANC gets done here soon it'll make a nice pop before they raise the authorized and a new dump starts?

Right now I am showing 99.983M OS and they are trying to increase authorized to almost 2B?!?!?!?!?!? Definitely a short term hold.... I am in a little under .016 here so I might hold on and see if they run it one more time before the new shares arrive.

Thanks for your time. I didn't even know they were trying to increase authorized. Good luck.