Replies to post #1 on Electro Sensors Inc (ELSE)

[I-Man]

Reminds me of PED to be honest. One I believed in heavily few years then sold everything because Insiders refuse to keep Shareholders abreast of happenings, weird swing occur, seem to lure investors then like Insiders selling on hype PR, etc..?? Don't know for sure.

[I-Man]

Looks like someone took major position and stock retraced, but set up to move higher from here. I am still trying to find out more about these folks.... Wonder if CLF or XOM or such know about these folks???

[I-Man]

Note 2. Investments



The Company has investments in commercial paper, Treasury Bills, and common equity securities of a private U.S. company. The commercial paper investment is in U.S. debt with ratings of A-1+, P-1, and F1+. The Treasury Bills have remaining terms ranging from one month to seven months at June 30, 2020.



The Company classifies its investments in commercial paper and Treasury Bills as available-for-sale, accounted for at fair value with unrealized gains and losses recognized in accumulated other comprehensive gain on the balance sheet.