Replies to post #7434 on Value Microcaps Motherboard

[hweb2]

Len et al, re ELTK

I'm surprised it went up so much today. I bought a few pre-market in the $2.30's and then it seemed to falter just before the open. Bought more in the $2.20's. Could have gotten all I wanted at that price as the stock hung around that range for awhile. For whatever reason (Israeli company, potential 1-quarter wonder, weak PCB sector, etc.), it didn't look like the stock was going to move much more today. In my post this morning, I thought it would climb to $3 in the weeks ahead. Closed at $4.21 in AH! LOL

This is a strange market. On the one hand, you have some good microcaps that are getting beat up on no news. I guess that's not too unusual with the weakness in the broader markets in recent weeks. But then you have some of the low float momo plays like BOOM and FORD that are as frothy as I've ever seen. Why will ELTK soar tomorrow? Because that's what BOOM did!

[jasonak]

Len-ALRG

The husband/wife team own the "new" building and are leasing it back to the company. I sold on the announcement...