OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Jan 13, 2017 11:13am
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Post# 25704225
RE:Would be nice to see a firm base around $4.25 to $4.40....
RE:Would be nice to see a firm base around $4.25 to $4.40....ledrog wrote: Of course we all know a bear raid is always possible....whether we like it or not its a reality of the market....but in the absence of a coordinated short attack it would be nice to see us form a solid base in and around the current trading range.....volume has cooled off nicely, not everyone is looking to trade in and out, some will have a buy/hold/prosper mentality whether others like it not.
Wow am I f'ed up or what. Can't, for whatever reason, start new paragraphs. Anyways, this is what it should read. I'm not sure how there can be a coordinated short attack when there are no shares to borrow. Going naked would likely invite a relatively quick buy in demand. Way too risky IMO. I believe the SP is as strong as it is because of the miniscule float coupled with reasonably strong demand for what shares there are.