gpas, thanks for your post - i hold very similar views to your own. i've lost a motza on ELD by cost averaging down when i thought it couldn't possibly fall further - and then holding way too long before finally cutting my losses. thank goodness that was over a year ago. many now still in from pre-consolidation will have bottom drawed their holding and considered it left for the kids. still - like you - i do believe the bottom must be close and with the re-financing in place, feel some degree of safety. i have placed a small order to leave room to cost average down if necessary and hope in a couple of years or so to make back some of what i lost.
ELD Price at posting:
26.5¢ Sentiment: LT Buy Disclosure: Not Held
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