Replies to post #545 on EMCORE Corporation (EMKR)

[dmlabuda]

I'm not so sure. I'm out of it at them moment because the charts are not giving a clear indication of which direction the stock will head. Today's 8-K report showing share dilution is NOT a healthy sign to keep the price heading up. I would guess that if it heads for $3.00 now it will only serve to fill the gap on the chart there and will then sell of to perhaps $2.00 before it finds firm footing and we see accumulation again on the charts. Personally, I'd rather see it go to $2.00 first, and then fill the gap.

[dmlabuda]

I'm wondering WHY the huge volume spike on Friday on a day when the price was not significantly up or down? This morning looks fairly positive for a move up. Somebody knows something about this stock that has not hit the street yet. Any rumors out there?