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Re: Ricky-D post# 5726

Wednesday, 09/04/2019 12:00:35 PM

Wednesday, September 04, 2019 12:00:35 PM

Post# of 18345
Impatience. The OTC traders are the most impatient group around. They buy a stock just because its going up, and sell just because its going down, without ever looking at the DD/Fundamentals.

The stock market is device for transferring wealth from the impatient to the patient.

Shares are now being quietly absorbed by the patient hands that actually read/understand the DD. The DD is pretty solid here, however...the real catalysts that will move this to higher levels, will start with name change and filings.

There are no deadlines for name change, etc. SAEAN Motors is not advertising this, as they are currently in the merger process. These catalysts can appear on any given day now. Based on the DD, I believe its a bigger gamble thinking things will be delayed much longer. Time will tell.

EMPM is thinly traded and easily moves in either direction on small volume. Expect violent swings in share price. Look at the chart. Can be trading .13 one day, and explode to over .24 the next day on low volume. Imagine what will happen when we see 10+ million volume days.

Of course anyone that is uncomfortable with stock investing should find an investment that meets their comfort level. I hear passbook savings accounts are pretty safe and perfect for timid souls.

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