OTCPK:EMMBF - Post by User
Post by
ledrogon Dec 12, 2016 2:55pm
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Post# 25587382
Ultimately its all about supply and demand.....
Ultimately its all about supply and demand.....Lots of people will view $3+ as too high, and that is fine of course. I think there's a chance EMC could be like real estate back say 7 or 8 years ago in cities like Toronto and Vancouver. Back then people saw single family dwellings going for $300 or $400K and thought they were overpriced.....so they waited for a correction and watched those same houses climb to $1 million+ over the following years.
What might bring in so called "greater fools" to pay even more for EMC. I can see a few things.
Media articles about the IPO action in mainstream media like the Globe & Mail...CEO interviews on outlets like BNN. A listing on the OTCBB....Then of course there's this spring's anticipated annoucement about the legalization of Wacky Tabacky for recreational use.
Its a risk....don't play if you can't afford to lose.