I'll share my thoughts.... Based on the course of sales in the previous few days and the number of 1 unit trades popping up during the day we have a professional FLOG attracted to this investment ( i.e. insto or broker) or a professional trader playing with this stock.
Liquidity is low on ELT and because the market regulator(s) do not have a back bone or the desire to disallow pathetic trading (manipulation) of price all we can do is sit back and watch the FLOG(s) play dirty on registers. Today It had taken as little as 22.5 cents (1 unit trade) to wipe of more than 10% of the stocks MC (millions wiped off for less than a dollar traded).
See if Monday our players continue to play hard with ELT?
ELT Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
