Post by
plumena3 on Dec 27, 2023 7:42pm
ELBM
do we see the bottom forming. ELBM creating a double bottom back from 2016 ?
volume picking up..........are the opportunists taking stock ?
put a substantial amount to work.
GL
Comment by
greenstar1 on Dec 27, 2023 8:48pm
Time will tell of course, but it is looking like a bottom might finally be in. Also of note, today was the last day for tax loss selling both the US and Canada, for 2023 tax returns.
Comment by
greenstar1 on Dec 27, 2023 8:53pm
Also, short share volume is very low at 28,658 per last report on CEO.ca.
Comment by
used2blongonprp on Dec 28, 2023 12:40pm
Until ELBM raises $60-$70M to finish the refiniery project, there's no bottom to this POS. The real turnaround will happen when the board replaces Trent as CEO with someone who knows what they're doing.