"This started a couple of days back and again yesterday, when trades of a few hundred or thousand were sold cheaply giving it a false impression of low last price. Often a sure sign somethong is in the making."
The above was written by meonthe 21/7, the day of heavy trading on EMM (heavy for EMM anyway).
Well today we again had a similar trade. One trade only. 4000 at 5.2c. $200 drops the MC by 5.5%.
It will be interesting to see if we have another small, low trade and then a jumbo day again like last week. Keep an eye on this one.
EMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
