Emblem Corp EMMBF

RE:RE:RE:RE:RE:RE:I feel so relieved

[HighGuy420]

I hit my limits long time ago. Like betsonvalue, I found other value investments.

I invested in Enbridge instead for their 6% dividend plus made 8% from when I bought it (total gain is double digits), which is good for a 2 week purchase.

Crescent Point is another one that is greatly undervalued, but its dependent on the price of oil, although they have contracts paying like $80/barrel (I just dont know when they expire). 

The issues with the govt websites and delivery delays for marijuana in Canada, combined with the complaints I am hearing regarding the quality relative to the illegal shops, I think the MJ stocks may tumble further once true sales numbers come out (lower than expected). Then people will see that the market cap of the marijuana companies are out of line, and force an adjustment.

Flipside, I do see Emblem being bought out. I just dont know at what price and when. If it hits below $0.80 a share, I may actually jump back in. Stock has to be worth over $1.50 a share, thats what all the exercise warrants are priced at for their executives. If it doesn't get there, their enhanced compensation is essentially worthless