.Tom Larsen runs eloro. He also runs nfx. He also ran north field minerals. His goal is to pump up a great story and then sell into strength.
He held over 3 million nfx shares and then pumped out a great story. The stock ran up and Tom sold out making over 5 million dollars. NFX was over 3 bucks last year on the pump. Look where it is today. Its at 30 cents and tom sold all his stock all the way up and all the way down. All of his buddies and insiders did the same thing leaving the dummies holding the bag.
So now lets look at Eloro. He is doing the same thing here. He owns over 3 million shares and his goal is to pump this story.
Tom also did the same with North Field Minerals. This company was delisted and ofcourse Tom made millions by selling it all the way up and all the way down.
In time eloro will do the same thing as NFX and north field.
I called NFX perfectly. Read my past posts.
As an investor, why would I buy a company like this. There are dozens of really great companies to invest in with great management and a history of success.
30 cents soon.
beware of "great drilling results" beside historic drilled areas.
pump and dump is the game here.