OTCPK:EMMBF - Post by User
Comment by
PruneFaceon Jan 10, 2017 8:31pm
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Post# 25691625
RE:RE:day traders
RE:RE:day tradersledrog wrote: Chemdog wrote: moving out the sector and into metals and oil, pot was hot for 6months...next 6 months will be a lull, before another sector wide RUN,
but not a good time to buy a new entry into a pot company
IMHO
wait until Feb-March
6 months? I wouldn't want to be out of stocks like EMC ahead of when the Feds announce their path forward on legalized recreational weed. February will see RSP buying......another 3 months I think $5+ is more than possible.
On March 11, 21.8 million share will become free trading from the $1.15 financing. I suspect there will be some profit taking, maybe up to half that amount, in order to reduce or eliminate the cost base on the remainder.
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