Wednesday, December 23, 2009

EWRC - Don't Believe The Hype

If EWRC was a sponge than every investors money is water.  EWRC wants your money and they will say anything to get it.  Remember only a few moths ago the company said it had an offer from another company for a buyout.  This buyout was valued at over $125 million.

The Guru revealed this offer to be a lie, and the company that supposedly was offering the buyout released press saying they never offered to buy otr EWRC.  What does this tell you?  Exactly what I have been saying all along.  EWRC is nothing but an investor money sucking machine.

Don't believe the hype.

Remember anyone who bought EWRC less than 2 years ago needs the current price to rise from $.0003 to $24,000 a share just to break even.   Here are a few charts.  One is from a few months back.


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