Thtas perfect calculations guys.
thats what I worked out also.
ELK should be trading at around $2.00
Today was a necessary sell point for traders and we just had to let them out. Based on the traders exiting towards the end I thought we were looking at a 38 close but in the end the massive buy orders resulted in a 42 close.
The 52 high during the day is going to be long gone on monday.
A lot on INP will see the similarities over the weekend of the 2 stocks.
INP does have the ability to increase at 2-4% a day on hype...but they need a lot more info. They dont even know how they will get their oil out of the ground.
ELK already has it mapped out and has done it before.
Its going to be a great week next week.
I can see an opening around 48 and it should be around 60-70 during the day. thats assuming the big end of town (brokers etc) dont get to involved. If they do and push it on ther clients....we could be looking much higher.
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- nice close elk .. bring on monday
nice close elk .. bring on monday , page-28
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