OTCPK:ERILF - Post by User
Post by
hawk_on Apr 08, 2015 2:58pm
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Post# 23609912
Deja vu all over again....
Deja vu all over again....Two years is not a long time in the life of Empire. It been around for a century. Large successful companies, banks, Barrick,Bombardier.have 5 or 6X Empire's float. No biggie. Indeed I would remind you that it was company strategy to split the stock, not in reverse as that was not the direction they were planning on going. Management gave a measured argument about the need to shake off its tiny float to get the stock into more hands, and to increase trading volumes. Volume, like Monday's, preceeds price. Empire beat the recession of 2008 to become both a "story" stock, and a darling for its fundamentals. We are under accumulation and it seems there is almost a conspiracy to keep the story under wraps. Indeed this long over due commitment by the Canadian, rather than "the Harper Government has become a catch 22 in its telling. Canada on the cutting edge of science in so many ways...and not a drop of oil. Hiring more scientists..who would of thunk? We are now at the stage where I'm not sure what is my division. Hope to still be around when they spin out the rides.