Replies to post #5599 on Elite Swing Trades

[oldberkeley]

LOL, I didn't want to say anything for fear of sounding like sour grapes, but IMO that's a very good move.

Fear of nationalization=huge drop. A temporary respite=huge bounce.

But they publicly stated that they can raise 20% of the needed capitalization funds with bonds and the other 80% must come from a dilutive offering. This is not even mentioning the likely chance of a reverse split.