ETAK - Elephant Talk Communications Corp

[Ericp501]

This was trading a downtrend for a while and looks like its slowed and trading sideways now. There has been some good news coming out too. Its trading in a nice dip at the moment. 67% of shares are held by insiders and 13% of the shares are short! I think its being manipulated and accumulated. I see small 100 share blocks being sold and big 1,000+ blocks being bought up. I just loaded up..

[Ericp501]

There she goes!

[Ericp501]

HUGE BUYS NOW!.. 39,177 shares at $1.92 on an uptick from $1.90 to $1.92

[Ericp501]

O I also noticed a trend line playing off the highs for the last like 8 months.. It even stopped on it today at $1.92.. That line did get broken last week for a moment. The line is at $1.90-$1.91.. I'm looking for it to bounce off $1.87 and hopefully trade over that line the rest of the day, I think it'll signal a strong reversal... Fingers crosses!

[LSUinvestor]

I picked some up!

its looking NICE

[Ericp501]

I made a mistake on % short.. The number I gave was the % change.. 3.2 million shares are short.. But with an average volume of 200k and trading near lows 3.2 is more than enough to send it to the moon

[Ericp501]

This is being sooo manipulated, they aren't even trying to hide it. closed yesterday at $1.78.. the price at 4:00 was $1.88 and for some reason a sell came through at $1.78 afterhours but counted as the last trade of the day. Then it opened at $1.82 and traded up to $1.85 only to fall to $1.71 and run up to $1.77 the last 3 mins of trading.. but wait! another after hour trade counted as the last trade taking it back down to $1.74.

[Ericp501]

Man I'm getting spanked on this one.. Just averaged down today bought more at $1.56

[Ericp501]

2 month downward trendline was just broken on the bullish side at the open. Tons of stock stacking up on the bid. I think we are going up from here.

[Ericp501]

Good day so far, looking for a strong close