The float on this stock is so low that funds cannot buy in. We have great future here so ride out the ups and downs and hope for the best.
Sentiment: Strong Buy
This widows and orphans bank is top heavy with overpaid executives while real investors, long term stockholders, get the shaft over and over again. We have lost bundles of money while executives keep getting raises.
Had this stock almost a decade ago. Never went anywhere so I sold out. Had many regrets lately but now I am happy. This is another brutal head fake brought on by shaky management looking for short gain at the expense of stockholders. I have been sucker punched by so many of the these companies that I now stick with the tried and true. Damn I feel sorry for those who have been buried because I have been there in spaded with so many of these "sure bets". What a brutal crushing going on. Such a shame. Lies should go to jail NOW.
I bet I owned this stock well before 90% of the people on this board and I held it for..I don't recall...over six or eight years and sold it last year foe 3 and change. Then it goes up and I am ready to kick myself until yesterday when the news came out. I have lost my shirt of speculative companies like this but not this one. Through years of turmoil and bad management I held on. You just never know what the Hell is up with these little companies trying to get a foothold in a new market....it is BRUTAL and GOOD LUCK to all!
I can only say that I have lost some and won some. I do not own this stock but I might soon. As a buy and hold investor I hold for a long time. I had ERII for about ten years and sold a few months ago somewhere over three bucks...and now it is at 12 bucks. I sure blew that one. This might be worth a gamble for 1,000 shares to start. I put it as a buy but I know nothing and only just read about it today. Right now it is roulette but in a few years?? who knows.?
Yeah, great company, great products, great management. I have owned for a few years but I do not like to see any company at a PE of 70! Nonetheless I am in this for the very long haul. Buy and hold the best.