OTCPK:EMMBF - Post by User
Comment by
GreenNmeon Nov 23, 2017 2:29pm
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Post# 27020873
RE:RALLY
RE:RALLYThis stock was heavily shorted since they announced the raise. This had short squeeze written all over it. As I told Danowaty the other day at 1.60, he's about to lose a lot of his profits sitting on a short still. I suspect the bullish movement will continue until Tuesday after financials release then it's anybody's guess. Stellar numbers could send it back to the $2 range. As Deminimis has indicated, I'm also expecting a bounce back Q from last quarter due to them taking on new patients and having much more product available at higher prices for the Q they are about to report. And I'll also leave my full disclosure that I'm not a long holder, but rather play the swings and I'm seeing a potential for a good one here.
cobills wrote: Every rally start's with short covering.All offers being bought.