OTCPK:EMMBF - Post by User
Comment by
ledrogon Dec 12, 2016 3:24pm
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Post# 25587630
RE:RE:RE:RE:Ultimately its all about supply and demand.....
RE:RE:RE:RE:Ultimately its all about supply and demand.....Chem....I'm not trying to get into a penis waving contest, I respect your opinion, and you are certainly right that it is risky as all get out.
I opened a small position here, based on all the hype around MMPR....but as you know from my posting on NF, I'm not into the garbage plays. The management here, I like their chances to be long term winners....
Now....is EMC overvalued at $3+? Meh....might be, might not be. One thing I've learned in playing the market 20+ years is to never underestimate the willingness of investors to bid a stock up to insane valuations.
I was quite serious though when asking you about going short. I have played the short side myself on stocks, when I am highly confident......if you are THAT sure that EMC is going to fall, then why not try and profit from the fall?