EMB Corporation (EMBI)

[Scrooge McDuck]

There might be some chartists who can factor in potential profit taking when charting price movement.
I find that very difficult.
After the fact, it's obvious that profit taking is driving the price back down and the charts show;
mild support at .15
major support at .12
If there is some bad news and the price is driven through the .12 support level, it could drop all the way back to the .06 area....but, I think that would have to be pretty bad news..:)

On a personal note, I've owned this stock for over two years and was actively involved until about nine months or a year ago.
Before then, some bad decisions were made by management and some management changes took place.
It got so bad that the company was operating out of some farm in Oklahoma.
Today, they have turned around and are producing on their promises, but, IMO, the past will come back to haunt them for some time.
The older investors don't have faith in the company, but as new investors come into the fold, things will change....for the better.
But, that will take time.
Meanwhile, the price is making momo moves and some money can be made......
as usual.....JMHO