OTCPK:EMMBF - Post by User
Comment by
VENManon Dec 12, 2016 4:05pm
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Post# 25588019
RE:I was waiting to buy these
RE:I was waiting to buy these
ACB was trading at its 50 day moving average $2.03 and would have been a good buy at that price today. I held off buying yesterday because the Market Cap for ACB is $552 million with there 272 million shares outstanding compared to EMC with a current Market Cap of $211 million at $3.25 with 65 million shares. If EMC had the same Market Cap as ACB it would be trading at $8.50 per share not $3.25 like it is now. Plus someone posted they would not buy shares unless the price was $2.75 for EMC but if this guy gets in at $2.75 and I get in at $3.25 and we both sell at $5.50 a share who cares. Don't we all make money? Best of luck to all and all IMO