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Message: Re: Suspect trading

May 31, 2016 04:02PM

Jun 02, 2016 11:41PM

Jun 02, 2016 11:51PM

whysosoon

Definitely a much better indicator to see Pershing (and others) buy a large lot and sell next to nothing. This is what one would expect to see happen with EFL trading at this stage of its explosve growth.

The problem I had earlier with TD and anonymous was the huge buying AND selling at the same time, churning of shares, for what reason. It did not seem to serve much purpose. A lot of volume and we weren't getting anywhere. With only a 32 mil sh float, the price should have reacted much much more. There were days the price would open "up" only to be dragged down. This to me was manipulation of the technicals, trying to make accumulation look like distribution.

in any matter, looks like we're now trading as one would expect. As I've said before, if we could run to $4.50 on hopes and hype, who knows where we'll trade with real solid revenues and legitimate growth. GLTA


Jun 03, 2016 08:12AM
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Jun 03, 2016 12:41PM
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