RE:RE:RE:RE:Took a relatively modest position syquans wrote: I disagree that the charting is even close to what other MJ stocks are , especially with the major MJ players.
I will agree that the potential to make money is strong for MJ players but you have to be more selective when picking up stocks associated with marijuana.Would i rather pick up stock like EMH with about 150 M shares out ( not sure the exact amount) but having a investor holding almost 40% of the company shares and producer,
that could expand production capacity to 6
million sq. ft? or rather a penny stock which has very limited production Less then 7000sq ft,lousy management record ,poor investor relation , difficulty in getting meaningful financing due to their enormous amount of shares and insiders holding only estimated 5%?
Lets not to mention the production costs MMJ- who knows? VS EMH estimated at less than $1.00 per gram,- estimated to be one of the lowest in the industry
For me the choice is simple, banjo2 wrote: @syquans: I'm not looking to flip this for a few pennies. I bought today and plan to hold well into the summer, possibly beyond. MMJ is charting in tandem with most of the bigger MJ players (not to their degree mind you) but nevertheless in tandem. Once they have their license and I have no doubt whatsoever that they will get it (to be one of two players (so far) in Quebec as opposed to 10 in Ontario. By July I will have doubled today's investment at the very minimum. There is so much momentum (the overall story) in MJ's. There's no way I'm not going to be part of this. I'm taking a rest from gold stocks. I want to be where the action is. Summer is not too far off. Come May and I see a big increase in momentum for any licensed MJ companies.
I call 100% BS
Based off numbers , people lie , numbers don’t !
You’d rather own EMH , but I had to go back 67 of your post to find you on another board .
Face it !! You love MMJ You want more, and you want it cheap .