EMC Chart, page-216

Very strong momentum and volume has entered emc on the weekly, there has been a solid 2 month build up of soak soak. Imo we could easily end up at the top of the trend line on the chart below as an initial target from here....



imo a $500m m/c is justifiable for a 20% market share of the Jiangsu province alone, estimated to be worth a potential $1b over 5 years, (hypothetically 20% of this province will give EMC revenues of $200m over 5 years or $40m per annum.....)

With a total of 30 provinces in China it wont take much for EMC's planned production line to be fully utilised (4 production lines capable of $100m each per annum pumping out $400m )

Now you have to ask yourself why are funds all over this stock like a rash?
1) the timeframe for all of this to begin is middle of next year, 8 or 9 months away...
2) world class management team that have created enormous shareholder value with past ventures and have had great success with doing business in China.
3) liquidity has entered the stock...

So the potential is enormous on China alone, but what about the rest of the world and WAAS?? As you can see it becomes really difficult to value thats the beauty about emc.

imo the real fun starts now

please DYOR