Don't worry, the gain won't hold just as they didn't before. Some seller will come in and knock the share price back down just like before on stinky low volume trades.
Maybe if we could get some real volume over a couple of million shares and the share price go up for more than one day in a row it might actually be something to talk about.......
But hey, two things are important:
1. Only 14 cents more to go to get back to where it was before the JV announcement........that is only another 75% gain needed.
2. I picked the shares for the HC September comp so that should ensure that they only do one thing: fall in September!
ELK Price at posting:
22.0¢ Sentiment: ST Sell Disclosure: Held
