ETLS is, by all intents and purposes, a dormant shell stock. There has been no news, filings, or updates to speak of. The web site is long gone. Today the stock received some impressive volume and the price reacted positively. Much like AIG, this stock is trading without fundamentals or logic. But isnt that what makes trading stocks so enjoyable (if your not short these stocks).
Nothing seems to matter these days more than what someone wants to pay for the stock. Who cares if there is actual intrinsic value behind the stock. Who cares if the stock represents a solvent, profitable, and growing company. Just ramp it up, squeeze the market makers, and sell for a profit.
With that being said ETLS could provide more upside from here. Just use your head and remember that these stocks tumble a heck of a lot quicker than they ascend.
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