Mechanic schreef op 14 januari 2018 19:30:
Toch we benieuwd wat er gaat gebeuren..
Don't get sucked in be patient wait for buy in price coming in mid months.
The top for now is already in, the RUN IS OVER.
Sit with your cash and wait for the prime entry price.
EMC has a tiny growing room, they will not do well against it's peers.
I have been short on this for a while very very easy money.
I was 100K short on this months and months ago, I added more recently.
This was a big set up, that's why it dropped so fast.
Thw whole sector is done for a long while.
It will just continue to go down for months, wait and by later in the year.
I am up tens of thousands on shorting this and more to come.
Just have the balls and short away! Too Easy :) :)
Just look at EMC SP over the last 12 months and compare it to anything else in the sector. Most are up 300-400%. EMC is down about 60%.
Many things are terribly wrong here, primarily:
- Great story for IPO, execution poorly explained in the market.
- Non-existant shareholder commnication.
- Multiple dilutitive financings (and nothing against EMC, but they literally picked the worst timing to announce both). What really got me with the first financing is they had just said they were well capitilized and didn't need to raise more money, then did at bad terms.
- Tons of IB schnidigans being pulled with the stock.
This is not a bash. I was an EMC shareholder and realloacted to other places in the sector end of last year. I'm thrilled I did. The above are just the reasons for me. You have to make your own decisions. If tomorrow is a beatdown because of ACB CMED news it might be good risk reward for some, but not for me. There are way better opportunitiies in this sector, especially if SP's come down a little. Best of luck!