OTCQB:EMHTF - Post by User
Comment by
bloozguyon Feb 15, 2018 11:02am
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Post# 27564907
RE:RE:Emerald Health and SunLife Insurance
RE:RE:Emerald Health and SunLife Insurance This is definately a long term plus for the industry but is not going to do anything to Emeralds price in the short term. We are being held back by the recent share offering at 6 bucks.
The only catalyst that may move this is the licence announcement for VFF and even then, its likely already assumed and built in. I hate bought deals and private offerings but they have to get the money somewhere if they are expected to grow...i think we will see one more run before July, but cant see it getting back to its 52 wk high. After legalization its consolidation time again ...for long i guess depends on earnings.
Just my thoughts, somebody tell me im wrong but PLEASE be realistic in your assessment.
Dont expel the virtues of this stock, ive heard it all many many times yet we are at $6 and the chart does not look promising to me in the short term.
I am long and not a basher so pls keep the posts respectful.