OTCPK:EMMBF - Post by User
Comment by
Todd604on Dec 14, 2016 12:01am
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Post# 25596253
RE:RE:RE:I love the newbies posting...
RE:RE:RE:I love the newbies posting... Excellent response. I got stubborn and bought in with my intendeded amount. Who knows what will happen, I thought with the positive task force report today that EMC would reallly take off, doing 2-3x gains compared to the others within the canadian LP sector (big 6), instead it ended the day with a loss.
This investing theory is where I get all confused, let's say I take out 500 of my 1k investment. And my trading fee is 10$ each way to do that. If it's priced at ~3.25. How do i figure out how low it needs to go for that to be favorable for me?
I fear there is about a 20% chance of the stock dropping to 2.50 in a week.. and about a 10% chance of it to go to 4$. Probably about 70% chance, of nothing really developing. Given those numbers, I think the equity of EMC atm, is about 3.175.
I wonder what course of action brings highest expected value.