OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Mar 06, 2017 4:32pm
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Post# 25939851
RE:RE:Punching bag.
RE:RE:Punching bag.PmanvaVantheman wrote: Victim of technical analasys I think, a lot of stop loss activated. Nothing has changed otherwise. Just have to be patient.
Begs the age old question : What came first, the technical analysis or the drop in share price?..........Lots has changed. There are 21 million reasons that are likely influencing the SP as well as confirmation that the company is, and without change, always will be a small volume producer. Add into the equation a questionable (IMO) move to become a peddler for an unknown and untested oil producer from SA....well, the $3 psychological barrier was almost breached today with no evidence the company is attempting to prevent such an occurrence. Good chance it falls tomorrow, Then what? $2.87? (chart boys) and possibly $2.50? Get ready, brent, your wish is looking more and more like a reality.