OTCPK:ERILF - Post by User
Comment by
IlluminatiNWOon Jul 27, 2015 10:14pm
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Post# 23965509
RE:The Problem Here
RE:The Problem Here
They could but haven't yet. The same goes for the ask side, it could get hit to the upside pretty quick as there isn't much there either. Even if the stock gets whacked to the downside(52 week low of 8.5 cent?) on light volume it wouldn't be too concerning. Just shaking the tree in my opinion. EIL has 258 million outstanding shares so if there was a rush to sell we would be seeing much larger trading volumes with larger sell orders on the ask side. The majority of the shareholders are sitting tight and slowly accumulating. What better business to be in during a downturn than one that wins government contracts and builds amusement rides that let people forget their problems for a few hours?