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Friday, June 12, 2009 1:54:07 AM
I hear you Joe and understand your view. You're most entitled to your viewpoint on that. Yes, putting PRs out during the market hours might be a normal version of stock promotion 101, but as I said, I'm sure EREI folks aren't stupid and had a very good reason their after market timing. It would obviously be a reason that you & I aren't aware of. As a normal strategy, yes, you would be primarily correct on your observation. I just don't think they chose a normal strategy. At this point, it's history, so we must move forward and pull as a team. With the shorters having the upper hand on the failed uptick law, we have to support our investment as much as we can. Postive or negative boards can help or hurt a stock. I noticed from looking over your post as far back as March, that you basically projected a negative twist each time. At least in your reply to me here, you added a bit of positive. I applaud you with that! Very Good!
Right now,the game is on. Pressure is being applied by shorters to drive this baby down and pressure has been applied to fight that for the past 2 days. Things subsided the last hour of trading. I think EREI pulled back some when shorter pressure pulled back some. They hadn't made it up to .013 since about 10:30 am so it appears that EREI maintained the .012 level and accepted that as a close to come back and battle another day. I also have a very large position here and I'm looking for the same party that you are. Good luck to you and all here, that are trying to get ahead of the financial curve.
JMHO Sandman
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