OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Mar 15, 2017 11:25am
111 Views
Post# 25982205
RE:RE:RE:RE:RE:Any ideas why this is being sold down again
RE:RE:RE:RE:RE:Any ideas why this is being sold down again Seraphim1 wrote: BustyRusty wrote: The whole sector is slow today too
Unfortunately there were over 18 milion shares that went live on Monday. All those were gained @1.15. So you've got profit taking. Unfortunately this is not the end. 3 months from now, in June over 33 million more shares will go live. This batch was gained @ 40 cents. So again you will have selling pressure. We all saw the sell off from over $4.20 to $2.40 before the March 11th date, God knows what the June date will bring.
After that it should be clear sailing till December when about 25 million warrants attached to the above become free trading.
yikes
Finally !!!!! Somebody who gets it.