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July 15, 2010 – Comments (0) | RELATED TICKERS: ETRM

I bought a pile of ETRMD post 6 for 1 split as I figured once it bottomed out it was due for a NEXMD-like turn around. It seems to be doing that today and I'm holding in hopes of more.

AllStarPortfolio has this one with some very good reasons to hold it before the sh*t hit the fan last October. I suggest you go onto the ETRM page on this site and read it. People are saying that the study of insignifance in the Maestro system was flawed and its had a bit of a comeback in its stock price on heavy volume before the 6 for 1 split was announced and the day traders kicked it to the curve, returning it to its 52-week lows. 

I'm not an expert on this company but I do like to think I know a bit about dead biotechs. Its at less than 10% of its 52 week high, spent several months in the gutter and is being bought up by non-retail speculation (check out message boards, usually a pump and dump would be loaded with messages but this one is quiet). It reminds me a lot like SQNM. If I could, I would be green thumbing it right now but I'll settle for making some real green on it. 

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