Be cautious with EFLN the O/S is maxed out @2.5B t
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Posted On: 04/06/2017 1:07:06 PM
Re: metalman123 #8175
Be cautious with EFLN the O/S is maxed out @2.5B they
will certainly have to raise the O/S much larger if they
are going to try to produce revenues in the future
which are basically ZERO now.
When they announced the $500M lease in Feb
stock never reacted just because its on the Q
report today doesn't make it any more valuable.
I'm not saying EFLN can't go up more I'm just
saying this is a stinky pinky and u can be
sure there will be a major pullback from this
spike at some point.
will certainly have to raise the O/S much larger if they
are going to try to produce revenues in the future
which are basically ZERO now.
When they announced the $500M lease in Feb
stock never reacted just because its on the Q
report today doesn't make it any more valuable.
I'm not saying EFLN can't go up more I'm just
saying this is a stinky pinky and u can be
sure there will be a major pullback from this
spike at some point.
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