OTCPK:EMMBF - Post by User
Comment by
run33on Jun 06, 2017 12:41am
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Post# 26327963
RE:RE:RE:RE:Jammer smokes mids
RE:RE:RE:RE:Jammer smokes midsjammer4444 wrote: There are two prices for Emblem.
1) Publicly-Quoted: which has gone from $4.60 in December to $1.65 today.
2) Private price: which was $1.15 in December because of the private placement.
These two prices will converge because markets are relatively efficent over time (MBA 101). And I am saying that it is likely to fall to the lower end because there were more shares traded through the private placement than the public market.
Actually, no you're wrong.
EMC shares since inception, 93 million traded $2.90 avg.
But yes, two prices will converge... just not the one you're thinking of.