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Non-Tech : EMCB EMC Group Inc. Franchising of Treats' stores
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To: Nescom who wrote (5)5/19/1998 6:04:00 PM
From: Gennaro  Read Replies (2) of 42
 
Granted I am an amateur at chart gazing, but the chart on EMCB looks interesting. If one looks during the past three months, there seems to be a pretty steady accumulation going on, from about May 5th volume has definitely picked up around 50K per day, generally holding around 3/8 to 1/2. Then the spike of 100K, and a rise to around 60 cents. Now today, its biggest day yet over 200K traded and the price drops a bit, but not a huge amount. It would be interesting to know the size of the blocks and at what price they traded. I have seen this pattern before with dida, all the small blocks went at the high price, and larger blocks went at the low price. A few days later the price soared. I would certainly appreciate if you guys have any comments on the chart. From my point of view, seems GB may have a good pick here, it will be interesting to see how the buying goes tommorow.
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