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Re: dmlabuda post# 773

Monday, 03/19/2012 10:31:08 AM

Monday, March 19, 2012 10:31:08 AM

Post# of 893
Daily Chart Analysis - You can see that this chart is pretty much inconclusive. I'm still confused by the reverse split since the company has no earnings, reducing the number of outstanding shares doesn't do anything to bolster up the price except for the immediately change from the split itself. If the rumors are true that EMKR may sell off part of the company, there could be some extraordinary gains resulting in EPS. But, at the moment the chart seems to be in limbo and the rumors are just rumors so, I'm on the sidelines at the moment. EMKR - Daily Candlesticks

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