Emblem Corp EMMBF

RE:RE:RE:RE:Some people do invest for the long term....

[Seraphim1]

Seraphim1 wrote:

brentkosta wrote:

ledrog wrote: Not everyone is looking to flip out after making 10, 20, 50 or even 100% or more.

I have no doubt that some Emblem holders are happy to buy and hold with the thought that they will prosper over the long term.  Of course there will be periods with big jumps and big pull backs...and small climbs and small dips.  Those who invest with a buy/hold/prosper philosphy will be of the opinion that the overall macro trend will be up.

Nothing wrong with that mentality either.....the Marijuana space is likely to be huge in the years to come....and if Emblem ends up being an industry leader those who buy/hold will likely prosper.  I myself think there's a very real possibility that in the years to come that EMC will pay a dividend.  

A common strategy for those of this minset is dollar cost averaging.....taking a fixed dollar amount, say $500 or $1000, and investing it at regular intervals, buying more shares when the PPS is lower and less when its higher.  

Flippers of course want evreyone trading in and out....with more people trading volumes are higher which means better liqudity.  Ah well.....short some shares if you want more liquidity and greater volatility.

we're all here to make money. When a stock climbs above and beyond certain levels only a fool holds. Ask Cgc die hard longs who watched it kiss $18 how they feel now. Only a greedy pig would hold CGC past $12 - $15 on that meteoric rise. 

I love this play, and I am ecstatic with its performance, but we all need to ask ourselves, at what point are we gambling our profits away and at what point would we be content with our just taking our returns. $400% in a month is tough to turn your nose up at. 

Short or long everyone's here to make money. Nobody has more of a right to be here than the next guy. 

If a guy tells me he's short I won't argue against it and understand he has every right to make money on his position as I do with mine. 

Name of the game. 
 

I disagree with your opinion that he has a right to my shares. Not an equal playing field. The reason is that a short needs a long to borrow from. A long doesn't need a short.
In my opinion shorts should not have the ability to make a penny on the shares I'm holding.

In the house analogy Ledrod made numerous times, it's like giving them a key to access my home to come in and rob me. Well, no one should have access to my personal property.

Hence I try to hold most of my investments in registered accounts because the shorts can't access them by law. 

 

 

 

 

 

ledrog wrote: FWIW I have played the short side myself, so I"m not opposed to it obviously.  Short selling is a vital part of ensuring a functioning market....that's a commonly held view, and its one I share.

Shorting increases liquidity and can reduce volatilty.

Consider what might have happened if almost 500,000 shares hadn't been sold short into the market during the first four days of trading.  IMO instead of hitting $3.98 the PPS likely would have gone much higher....maybe to $5 or $6....possibly even more.  That might sound great, but that kind of insane jump can lead to people dumping en massed to cash in their profits, then the PPS can start to crater fast, with nobody willing to buy.....then say at a buck everyone starts buying again and you get this insane yo-yo happening.

I don't care if some of that almost 500K shorting was of restricted shares or warrants, with holders simply looking to cash in.....without short selling they would not have been available. And those holders who did decide to cash in, until their shares become free trading so that they can cover their short position, there are margin and maintainence requirements.....so I'm sure those warrant holders would be very happy if the PPS fell substantially.  

Shorting is reality.....there's no point crying about it.  I just did a post on my blog about Cub Energy, a stock I first wrote about in October of last year, (2016).  Part of the reason for my bullish opinion was that I thought short selling was being used by some big players to push the PPS around in order to "shake the tree" and induce selling from price sensitive and nervous retail holders.

If you want to read it here's the link:  https://www.avoidthebag.com/2017/01/kubv-has-its-highest-close-in-over-2.html

After 3 postings about Emblem it was time to write about something else anyway.

Thank you Ledrog for your post. It's compelling for sure, but unfortunately my firsthand experience with the shorts won't allow me your vantage point.

In my experience, these big players with deep pockets are nothing but manipulators. As you stated, they want to "shake the tree to induce selling". They will stop at nothing to self-benefit. Most often than not, they are corrupt, with no ethics or scruples and go to great lengths to publish lies that destroy companies and shareholder value. They use high tech tactics to hide their location and servers. They payoff  publishers to post false articles that look like they came from legitimate sources.
In 2008, SEC had to bring in emergency measures that banned shorts, as they almost collapsed the US banking system. Naked shorting continues to be against the law in the US. In addition, most developed countries forbid short selling.....Why? Because if you allow it, human nature is such that it will put profit ahead of everything. There is no symbiotic relationship here. These parasites don't care if they kill their host.
Been there and experienced it first hand.