Elray Resources Inc (ELRA)

[anon13333]

Guys, I think a lot of people are selling just to protect some of their monies. The company has not submitted any real info since circa November 2013. Also, the share structure has not been disclosed and I sense that a lot of dilution is occurring. Just look at those T-Trades everyday that are posted after-hours. This is done to diguise the dilution during the day. The Bid is now below 3 and when selling really starts, the 2's will be gone. The reason why all the buys yesterday did not move the stock is because each buy was hit with dilutive shares. No telling just how many are being diluted every day, but I suspect it is at least 500K per day based on the T-Trades alone. I will not purchase any other shares until the company releases the share structure. Finally, BitCoins do not affect Elray's stock as of yet because Elray has not formally started a business. Until they are up and running, BitCoin prices vis a' vis Elray are moot. I welcome thought out responses.