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$kytrader

02/19/13 8:28 PM

#12372 RE: harshband #12370

I wish I can lol!!! This is a very weird situation and if you ask any analyst out there they will tell you the same. However; briefly I can tell you that the stock have been bouncing off it's 20 day high to test the low then go back up. for the last 2 months this stock and the ones who are behind it they don't like the 20 day moving average. they hit it then take down and so on and so forth. Someone is keeping a tight lid on ELAY. Could be shorts, or creditors (these 2 can be in the same team) or a third party or the company itself ( and these last two can also be in the same team). So once they will decide to let this play and go up then we can talk about HUGE gains. as for now. the channel is clear and I am sure a pump is coming but I have no idea when is that going to happen. it can be frustrating but patient traders will be rewarded.