Scott...In December, often time retail investors look to sell stocks they have a loss in to capture that loss to use as a shield against taxes to be paid on their capital gains. Thus, the downward move in those stocks is sometimes exaggerated, and they can rebound strongly early in 2013.
I dont know if the recent selling was related to capturing these tax losses.....I mean overall EMMS has done well for the year. But basically, at this time of year its those kind of stocks I look to be, so I'm probably too liberal with the terminology.
Agree. I had been buying, here and there, the last few weeks. Small position for me...but I look forward to the chance to start peeling them right back off, hopefully in the low $2's, sometime in Jan or Feb.