what will we see first? 2.25 or 3.60? EMAN needs a pop with volume.
broader averages are at important point of either confirming new highs or pulling back harshly. i'd vote for EMAN 3.60, but not if broader market doesn't support a move up. EMAN has not appeared to benefit from recent strong market at all.
The good news is that nobody has to sell and with EMANs strong balance sheet this is not and attractive stack to short. The selling should mostly be from long-time believers who are becoming frustrated and are losing faith.