Here's what I've noticed over the past week. PSC and a couple other newsletters posted about ETLS. This pumped up the price and got people all emotional about it. People started to get out of dodge and the price tanked to where it is now. This has left the rest of us holding long.
What I'm guessing, not an opinion, pumping, or having much to back it up from here, is this: The MM's are probably still short several million. There has been plenty of selling and buying. What that means, is anyone's guess. We do know that the weaklings sold and several of us bought. Any figures, none I can go by other than by here say.
It does give one to think "what went wrong" and "Should I have sold". A lot of us feel long and strong. Which seems to be the consensus. The "numbers" seem to point to a good chance of an uptick in pps. Which we want. If we continue to hold and buy, we start to take control of things.
They will eventually come out with a good PR and/or news of some kind, we hope. When this happens, and/or other good factors, we'll all be sitting pretty. Until then, we're stuck where we are now.
I'm holding long and strong until I see a decent profit in this. I won't lose any money unless I sell below my actual pps.
Suggestions: We keep a tight lid on any real strategy we may formulate in the future. PM each other and get a good line of communication going so we can all profit from here on out. If we all help each other out, more money.
Any and all CONSTRUCTIVE ideas and opinions are greatly appreciated. In no way am I a seasoned, educated trader. I just try to observe and learn as much as I can and hope to make as much money as I can. I like to help others out with this if they are in the same boat as me and hope they (you) reciprocate in kind.
I'm passing the soapbox to the next person.
