Well, duh. There's usually no veritable evidence to support a price rise on just about all Pinks, not just EFLN. These penny stocks don't trade on fundamentals...they trade purely on momentum. We got a fluff PR last time out. The stock dropped from .0020 to .0010. We got a meaty PR (the iPhone app) in March. The stock traded from .0010 to .0045.
Cillo and his gang could be convicted pedophiles, the lowest scum on earth...yet traders could give two hoots. They are only interested in momo and price movement. Another meaty PR, and the stock could easily go from .0010 to .0045 yet again. That's just the way this game works.
There are very few stocks here in Pinkland that actually move on fundamentals like a big board listed stock. There's too much manipulation with non-exchange listed stocks and an almost total void of transparency by the companies. You have to learn how to TRADE them by going along for the ride; learn to read charts, spot entry points, exit points, lock in profits and finally, TAKE PROFITS (most traders fail because they are looking for the 500% or more return, dreaming of millions, totally missing the fact that a 30% return will double your money in less than three successive successful trades)...and very, very rarely do fundamentals behind the company and it's operations have anything to do with how you make money here...because you make money by studying CROWD PSYCHOLOGY, the actions of the buyer and seller, not the actions of the company, and that mob mentality could take this stock to the moon as well as drop it to the basement.
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