Emblem Corp EMMBF

RE:RE:RE:one of the PPs

[jammer4444]

Let me clue you in on a few things rookie:

1)  management does not care about you or the share price... they only care about taking as much of your money as possible through salary .. they will get paid if the shares are $10 or $0.10 and there is nothing you can do about it

2)  analysts always have price targets above the trading price.. if you don't believe me then look for yourself.. if the shares are such a good deal then the analysts would buy it themselves .. but they don't.. they take a salary in hard cash and entertain the idiots that own the shares with "research"

3)  your analysis conveniantly excludes the performance of the business .. sure there are some people that sold the shares so they can exercise the warrants today .. but what is going to attract more people to invest in the stock?  the stock has been free falling for months because people are waking up to the fact that this factory is never going to sell all of its production .. it is losing money on the grass it sells today .. maybe they will make money when the factory is build or maybe not .. it depends how much weed is in the market .. and that's where the intelligent people take a step back and realize there is a new licence being granted by the government every month .. and everyone with a license raises tens of millions of dollars and builds a factory ... as a result, there is way too much weed being produced ... this exact cycle has literally happened in every growth industry since the beginning of time 

Take care my friend.  This is nothing personal.  Just business. 

run33 wrote:

 

jammer4444 wrote: I think most people are concerned that the company will never make money.. That is why the share price has been crashing since the announcement about the factory..

People are looking at the Canadian weed industry in the aggregate and saying:  "there is way too much weed production planned, and demand isn't going to grow that much, because everyone smokes weed already"..  People are looking at the build up of inventories and it is confirming their suspicions... 

It is a classic oversupply bubble scenario that has played out in basically every industry over the past hundred years including cars, airplanes, railroads, etc

...

Please allow me to introduce myself
I'm a man of wealth and taste
I've been around for a long, long year
Stole many a man's soul to waste

Pleased to meet you
Hope you guess my name
But what's puzzling you
Is the nature of my game

 

No,

The share price crashed under $2 because 34 million .$.50 cent and $.75 cent shares just hit the market.

The hold comes off June 6th. If you sold today, settlement day is..... you guessed it, June 6th.

I own a pile of the paper.

I didn't sell though - I added almost 100K at $1.65.

I do find it amusing that anaylysts have been spounting off $3.75++ targets over the last few months knowing full well this paper was about to come loose.


There is no more free paper to be released - it's all out there now. A bottom will be formed.

Now, if you were management, and you expect all this paper to hit the market - would you be making any major moves/news now, or would you wait for the profit takers to jump ship?

I'll let the board think about that.