Emblem Corp EMMBF

RE:RE:RE:RE:Fundamentals mean nothing, zero....

[ledrog]

Lots of things can influence investor sentiment....both good and bad.

Going back to Tesla again, when they announced accounting irregularities in 2012 combined with hundreds of millions in losses, many players decided to go short, convinced that with all the negative news out that demand for shares would be weak....boy were they wrong.  Musk is such an awesome pitchman that the company shrugged it off and TSLA became a darling.

Ultimately it becomes a guessing game.  An article in the Globe & Mail, or the WSJ or another BBC article on Emblem.....and who knows.  Conversely some talking head could pop up on BNN proclaiming why he thinks Emblem at anythign over $2 is grossly overvalued.  

Ultimately it comes down to skin in the game......if big players have a large short position to cover and people aren't selling, they can hire a hack writer, and if they're well connected maybe get something on a mainstream media outlet.  Or if a big player loads up on the long side, the same games can be played.

So try and guess which way you think the sheep will be herded.....