InvestorsHub Logo
icon url

sweet crude

03/25/13 11:33 AM

#8659 RE: starboard #8658

.07 x .09 - chart ready to go!

chart on ELRA looking bullish. If we can move into the .10 we could see some increaed momo traders pop in. If speculation grows that ELRA is close to winning their case this thing could crash through the 200 day trendline.

If they win damages against Mr. Lao and his company you could see them score millions in cash, which would be major for ELRA. Could wipe away debt, and then self finance with no need for dilution. any judgement on case could send ELRA to .40+...which would still only be a $4.8 million market cap.