Emblem Corp EMMBF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Any ideas why this is being sold down again

[PruneFace]

PruneFace wrote:

brentkosta wrote:

PruneFace wrote:
I think you'd have to lump a few others in there too, brent. Like the ones that are selling right now. As I said before, I'm content with my double plus in 4 months. Can't really expect that either. As for the warrants, if they get much sillier than they are now, I may just exit those as well. I believe it was you who said we're all here for the money. But hey, the warrants aren't costing me anything yet so......

By the looks of the volume there isn't too many people in a big hurry to get out. 

And believe me, with me it's all about the money. But I know when I got a good thing. Why sell now? Don't you agree you sold at probably around the lowest this stock will get? Your warrants are nice. But you only have half the warrants ex at 1.75. Which means they are worth pittances. 

Question, if EMC at 2.5 isn't a good investment for the near term, what is? I'd rather have my money here than my checking account. 

Well I sold my shares 20 cents higher than it is right now so.....and I don't know about this being about the lowest it'll ever get. With another swack of shares hitting the street in June I can see this approaching $2. And then the warrants being released in December....... Actually the warrants are worth $1.25 today. Your definition of pittance seems to differ from mine.........Let's just say that if this is the sector a person wants to have some money in for the short term, I believe there are better publically traded companies. A rising tide floats all boats. If one goes, chances are they all will. Some will go harder and farther than others. Since it appears the shine has come off them all right now, sitting on some dry powder doesn't seem to be a horrible idea. To each his own. Good luck.

It looks as if $2 will happen sooner than later.