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Alias Born | 07/16/2021 |
Sunday, May 12, 2024 9:05:25 AM
18 months ago or so, ETEK pumped to 0030 like 3 times before crashing. Because of the bad acting, poor management and incompetence it hasn't seen a high above trips since.
This POS likely won't ever pump again unless something actually gets done. Granted, many bulls have tried pumping it and it got to 0008 recently, but that was it.
I don't think Emergent can get it done, simple as that. So, money invested here is likely money lost.
I'm just waiting for black diamonds so I can move on. The sliver of hope that Emergent will merge this decreases by the quarter.
12 quarters and NO merger, heck, even 2 failed mergers in that time span. RKZ33 tells everyone the buyers "walked". Who TF is this guy anyway (and why does emergent follow him?) anyway, what kind of company decides to go public then magically walk away? Something fishy there. Emergent claims it was mistakes on filings, which is worse. They sort of admitted they blew a deal because they can't get filings done right, seem familiar? How many times have they been pink limited?
Emergent is a failure of a company and eventually we will see that reflected in reality.
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