The company should be doing pretty well with the latest developments in the financial markets. Interest rates going up, ideal climate for gift cards(cheaper to give a gift card then go around choosing a gift from shop to shop), banking services on the rise. We would all be smilling had the management not fallen into total disgrace. Forget everything else and concentrate on good management communication and let's hope very good management execution. It shouldn't be too difficult ,with a great company like this one, and as market participants have made huge profits shorting the stock, they will gladly do the same on the way up and load up on this stock. Bad management can destroy a stock price but hopefully not the company and with just good leadership and attitude we should be on the way up pretty soon. It might take a while to get to true valuation due to current and near future stock market volatility, but we should be over $2 within the next 6 months maximum if the new management just deliver as expected ( no stuff ups and bad communication).
EML Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
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