Emblem Corp EMMBF

Smarthoney You're a Piece of Work lol

[Invest4Life2016]

The only thing I get out of your posts is a chuckle and a short time before you go broke - it's coming if you keep following your own advice lol.  Also it's very apparent your dd is very weak as you don't seem to understand the momentum of this sector or EMC.  

The only kind of risk management for speculative stocks is playing with money you can afford to lose, or putting in a stop.  To be shorting MMJ stocks after the majority of them have fallen over 40% is highly risky considering the insatiable appetite of investors to join the party before legalization.  The time to short these stocks was in November - you're too late for that party Smarthoney ;-)  What you also don't seem to get is Marijuana is a new industry with massive growth potential and investors want in on it before the major run-up.  The numbers aren't hard to imagine since we have a model like Colorado with a population of 5million that has surpased $1 Billion in the first 10 months of this year.  Simple math using our population of 35 million would put our marijuana industry at $7 Billion - those types of numbers make these MMJ plays still considerably undervalued.  Anyways a few weeks ago there was a German article on investing in Canadian MMJ stocks and I'm sure they're not the only foreign investors paying close attention to our new sector. The next few months is going to be crazy as circuit breakers will be a tripping - definitely wouldn't want to be on the wrong side of that.

Also Smarthoney you don't seem to understand that EMC is on par with the top 4 MMJ plays to gain a good portion of the recreational market.  They'll be the 3rd highest producer of high grade marijuana, they have a pharmaceutical division headed by John Stewart, they have a partnership with Growise for referrals that operates out of 11 locations and growing.  By mid-2018 their revenues will be ~180 million.  I could go on and on here about all their positives but you're here to swing trade in hopes of making some fast money instead of paying attention to the fundamentals of EMC and market momentum.

MMJ stock momentum is gaining huge traction since their first run up in 2013.  I didn't jump in then but right after Trudeau got elected I bought CGC and made a quick 75% in a couple of weeks, then bought into EMH in the low 20's to make a pile - I cashed out early this run up but still quadrupled my $$.  Now that recreational is pretty much guaranteed I want to be in a company that's in a position to capture the bigger recreational pie since EMH and most others aren't.  There's only a handful amongst the group of 35 and EMC is definitely one of them.

Do your own DD