I feel EMC recently turned into a short time trading stock. I have been watching the broker data that was postet here on HC. Instos use EMC to make their 5% profit now and then. A save thing to do because they know they can't destroy the share price by shortening due the strong support around the 90c area.
However when EMC finally runs, it will run hard. Expect up to +80% in just a couple of trading days. This may happen before Christmas but more likely between Christmas and new year. That is the classic time frame for strong runs at the end of the year. Jannuary is often consulitation time.
Later we might see another, slower run next year from February to April until we are going into summer break.
At least this is the typical price developement for an emerging small cap stock from my experience.
Fundamental actions and their announcements however can change the trading pattern any time.
We long term holders have been very patient over the last six month. As we know parience will be rewarded and we can be sure Management is doing their market related moves at the right time.
6th of Dezember is close...
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I feel EMC recently turned into a short time trading stock. I...
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Last
6.8¢ |
Change
-0.012(15.0%) |
Mkt cap ! $73.50M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 6.3¢ | $165.9K | 2.428M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25106 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25106 | 0.068 |
1 | 10000 | 0.067 |
1 | 74996 | 0.064 |
1 | 56500 | 0.062 |
3 | 100200 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 10000 | 1 |
0.077 | 96000 | 1 |
0.079 | 10000 | 1 |
0.080 | 56327 | 1 |
0.083 | 10000 | 1 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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