OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Jan 31, 2017 11:53am
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Post# 25777926
RE:RE:RE:Dropping back down to the 3s
RE:RE:RE:Dropping back down to the 3sbrentkosta wrote: ledrog wrote: Litemupp wrote: Getting pretty tired of this. Yes I get it, good company and management et al, but it's dropping since Jan 12.
Stop looking at the PPS every day, or if you're going to sweat the near term.....sell, its all good. Not everyone has a long term time horizon.
im a bit concerned with the grey market. Can/will insiders use this to dump?
It is not surprising that the SP has retreated with the advent of the grey market IMO. My understanding is the discount on that market is in the 30% range so there will likely be some arbing occurring by those who hold tradable shares. What I don't understand is why they even bothered with the grey market, given that there is less than six weeks until the hold period expires on those shares. But then, even at a 30% discount, $2.65 on a $1.15 investment ain't too shabby. Doubtless some will lock in at least a partial profit at those levels and ride the warrants. AIMO.