$ELED was one of the most popular penny stocks in the spring of 2017. I was part of the influx of investors that saw $ELED run to over .05. The big question that most OTC investors have... Can ELED do it again? How? And Why?
In my opinion, yes $ELED has the potential to run over .10 this time if done right.
Why did $ELED run from sub pennies .001 to over .05? A light bulb went off and investor's saw the potential. First benefit to buying $ELED is that it has a very small share structure of only 250 million shares. That means when shares are purchased, it has a much larger impact on the price of the stock compared to others. Normal stocks take a lot of buying to move the price up. $ELED only requires very small amounts of buying to bring the price up. I've posted many of these types of movements in the past. Very little trades can move $ELED fast. With this fact, and the combined buying power of investors in this group, the share price will move again.
Why did $ELED fall? When investor's saw the influx of trades, they took their profits at or above .05 before the shorters or sellers could drop the share price back down. The bottom and major entry point is .0023
Fast forward to 2019.... $ELED is positioned to run again. Timing is everything. Nothing has changed. There are still plenty of whales holding millions of shares in this group. It won't take much buying and holding from this group to run this stock back up to .05.
There has been buy signals as of late. Keep in mind that $ELED is the holding company for www.energielighting.com
As we continue to see all the great things that energielighting partners are doing, we know a big run is sure to follow.
We have seen just last fall Hal Hansen 2018 speak and present at the NIB conference. You can see what he said at www.nibanet.org/present-2
This to me is a great indication that individual investors should buy now as the investment groups are coming.
In my opinion, yes $ELED has the potential to run over .10 this time if done right.
Why did $ELED run from sub pennies .001 to over .05? A light bulb went off and investor's saw the potential. First benefit to buying $ELED is that it has a very small share structure of only 250 million shares. That means when shares are purchased, it has a much larger impact on the price of the stock compared to others. Normal stocks take a lot of buying to move the price up. $ELED only requires very small amounts of buying to bring the price up. I've posted many of these types of movements in the past. Very little trades can move $ELED fast. With this fact, and the combined buying power of investors in this group, the share price will move again.
Why did $ELED fall? When investor's saw the influx of trades, they took their profits at or above .05 before the shorters or sellers could drop the share price back down. The bottom and major entry point is .0023
Fast forward to 2019.... $ELED is positioned to run again. Timing is everything. Nothing has changed. There are still plenty of whales holding millions of shares in this group. It won't take much buying and holding from this group to run this stock back up to .05.
There has been buy signals as of late. Keep in mind that $ELED is the holding company for www.energielighting.com
As we continue to see all the great things that energielighting partners are doing, we know a big run is sure to follow.
We have seen just last fall Hal Hansen 2018 speak and present at the NIB conference. You can see what he said at www.nibanet.org/present-2
This to me is a great indication that individual investors should buy now as the investment groups are coming.
