EMS eastern metals limited

why blame ems ?

  1. 6,670 Posts.
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    Well after a great few days with massive volume, Day Traders today decided to take there profits.

    I know a lot of people who have invested a lot of money in this stock, some but at around 3.8c and some at 4c with the SPP. They have been in this stock for years, they told me about EMS a few years back, I agree it has a great story. If you look at the charts, this is not the 1st time EMS has had a rally for a few days and then headed south, its a well know thing.

    EMS was mentioned on sky business news by an investor who has over a million shares in the company, he hyped the company up so much that EMS recorded record volumes, why were people expecting an Ann ?? EMS themselves did not hype the stock up it was Sky, I believe he would of sold out at the high's 7.3/7.4

    We all know EMS are in the middle of trials, the 3rd phase I believe but I don't think they have even started so it would be at least 6 months off any results. Another thing that has got mentioned was a big pharma buying them out, why would this happen until the trials finshed, would you buy out a company until you know the product is 100%

    I agree EMS have a bad PR department and could of taken advantage of the hype, but an ann saying the trials were about to commence could of sent the price down, as people may of thought they were finished.

    I really believe the EMS story, but again EMS don't have a large pot of money, so they better get these trials right or a SPP again may be required.

    I hope the price can hold around the 6's but to be honest, low 5's by end of next week is more than likely.

    This is my views only

    Good Luck All

    James
 
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