OTCPK:EMMBF - Post by User
Post by
darter2on Dec 12, 2016 11:17am
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Post# 25585715
Way Over priced?
Way Over priced?Crazy opening for EMC. I wouldn't touch it for a little while though to let the froth come off. And let them prove themselves like the front runners have. Look what ICC did after a week or two after opening day (down 40 - 50%). I may get some though once it levels out and comes back down to earth and we get an idea subscriber base, revenue etc. (they haven't provided any of that info. yet...). 3.40 on opening day?? A lot of hype with this one. And don't they have over 100,000 shares outstanding?? I could buy OGI for less which has already proven itself and is making profit... I may be missing something here but waaaaay too much in my book. There isn't even an 'Investors' section of their webpage....really??
Thoughts?