The volume is so low it was hard to build a sizable position. If your right and if Dr Snowman who believes ERB could one day trade upwards of $20.00 is right anything under $3.00 is a gift. Plug went from 15 cents to $11.72 and ROX from 27 cents to $1.55.. So ERB going from here to $20.00 is possible if your willing to wait......................jmho
IMO it's better to be on board , wait no matter how boring, than to watch ERB get away from you. Look at Castle Brands ( ROX ) .80 to $1.55 in a flash. It's harder to pay up for a good company than to buy now , sit back and wait, and enjoy the trip....jmho
bill- look at MFox's other picks , the connection between ERB and Dr Frost and DrSnowman calling for a possible $20.00 price target. I have said this before, when Dr Frost's stocks run it's fast and high. If your not on board you end up chasing them...jmho
It took a long time but with a low float that's the price you pay. But as has been mentioned before, in time we could look back and laugh that we were able to get into ERB so cheaply...Undiscovered Gem...
In my opinion Dr Snowman and a few others are right. You take a position and wait. Look at OPK-PLUG-ROX-NVCIF-ALQA to name a few. They traded sideways sometimes on low volume but when they moved it was fast and high. Look at Fox's past picks and look at their historical trading history.
I have been following MFox's picks since Aug 2013 and have noticed that when they run ; it's all of a sudden and they can make amazing new highs. But you have to be on board before the run and you have to put up with the up's and down's. Look at ROX-NVCIF-ALQA-PLUG to name a few. I am hoping ERB and LTS will be the next ones to fly.
Dr Frost and MFox. If you follow the stocks that MFox writes about they tend to do nothing than all of a sudden they take off....jmho
ERB was acting well, it appears someone placed a market order ( that a big one ) and dropped the price down a bit. If the smart people are right i will consider selling between $10.00 and $20.00 a share..jmho
One of the problems with ERB is the low float. it's hard to build a position. You actually cause yourself to pay more by driving up the price if your buying more than a few shares....imo