There may be support here for the moment. The longer the share price holds the more pressure on the huge short covering position I think this will be the major issue until June 30th when tax implications on shorts bites them (assuming they are classified as traders). Good luck guys. The Japanese postions looks difficult do they start the neuclear plants against the wishes of their people or do they accept huge import bills and trade deficit with such huge public borrowings (the worst in the world). Basically the people of Japan must choose much higher taxes and electricity costs or start neuclear energy again - I know what I would choose!
ERA Price at posting:
$1.69 Sentiment: LT Buy Disclosure: Held
