I expect there to be significant volatility. This is currently a penny stock with "issues", and many people will be trading this for short-term profits. Significant drops will probably happen frequently as this climbs higher. And I do expect it to climb higher as Novo publishes additional Phase 3 data. Still, big drops are scary. Significant Novo conference to occur mid-to-late June should be good for Emis baring some unforeseen event.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.