Emblem Corp EMMBF

Since EMC's last financing was done @ 3.63

[spasticated]

Is it safe to assume they won't do another financing deal BELOW 3.63? 

I know EMC will do more financing, as all of these companies are doing. but it would probably be bad practice to do another financing deal beneath the price of the previous one, right?

[Justfishin73]

Usually correct, but this sector seems to be making it up as it goes. Will be another down day tomorrow. Sitting in cash, would love some more under $2.60

[Frank80]

One thing I could be sure is next financial PI wont buy EMC, last time those guys bought 3.63 and they sell a lot (Over a million valuation of shares) during the April 10 30%+ day.  As for tomorrow goes, I think it will have higher chances to go higher not lower, if it does go below 2.6 the trend is not on favor of EMC to go higher in short term. 

[cressco]

Im having a hard time understanding your posts, nothing personal against you but if you could pay more attention to your sentence structure it would go a long way. I say this from personal experience since English is my third language. Why are we even discussing more money being raised at this time? 37 million cash is a nice position to sit on. They would have to announce significant expansion