Price Boxed In

Welcome to the Electrovaya Hub on AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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onlygame

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Price Boxed In

posted on Nov 24, 2016 06:22PM

With the low volume, they kept the price boxed in pretty well and nobody seemed interested in taking down the walls. A few big asks at 2.17 and 2.18 all week every day (and didn't come and go) funnelled buyers into the 2.10-2.16 range. Those asks never looked like they were interested or worried about being taken out. Almost seemed like everybody was in agreement with the arrangement.

We need an update asap. We need to see cash levels and revs for Q4. The PR machine has gone silent. Amazing how they can come up with the news they did regarding the 5 big MOU's and LOI's and then nothing. Give us news on small orders, ... anything. Just let us know someone is actually buying stuff. The longer they wait, the more suspicious people become.

My concern is, I've seen enough situations like this before. Sometimes the big price drop ($1.60) indicates we might be revisiting it again sometime soon. Hope not, but it's been amazing how that has happened. The shorts always seem to know more than anyone else. As an investor, this is not a situation you want to be in.

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