Share PriceThe trend is certainly is our friend at the moment. With the news of the arbitration ruling providing a catalyst things could get real interesting going forward. Where the share price goes is anyone guess. However every once and a while the perfect stom hits and well you just never know. I'll tell you a story of my biggest run ever in the market.
The company was 4 Kids Entertainment (35 million share float). I got into the stock @ $4. My broker at the time recommended it. The resaon he did is this company got the exclusive marketing rights in the US for a card game called Pokemon. Once Pokemon came to the US it got wild. The stock ran from $7 to $97 in 9 months.
Now I'm not saying this will occur with Entree Shares. At least not to that scale. However, most of Entree's shares are held tight. Very few are available for trading. Which could lead to some big share price moves if any type of large volume hits. I remeber 60 million shares (twice the entire float) being of 4 Kids trading in a single day and the share price rising $12 in a day.
Again not to that scale but I could see several 50 cents up days if even a couple of large investment houses tried to hop on board. Another factor is it sounds like Trump is going to go shock and awe on his first day. If so thing could get a little volitile in the markets in a couple weeks.
Best of luck to all of us.