OTCQB:EMHTF - Post by User
Comment by
TheActuaryon May 05, 2017 9:13am
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Post# 26207708
RE:Biggest opportunity in the cannabis sector
RE:Biggest opportunity in the cannabis sectorTheActuary wrote: I hold many stocks in the cannabis sector and this is hands down the best value currently in the sector. I was really skeptical a few months back when they were in a position where they needed to finance and they didn't show growth in sales, but they proved in their last financial statement that their product is selling and on top of that, they financed at the right moment. Very well played by the management. I forecast $1.50 in a few weeks and near 2$ in 6-12 months. BOL
Technically speaking, it is time to buy. The rebound will happen at 1.22 exactly. No wonder that most of the shorters have recovered their positions... which decreased from 18M to 7.6M in 2 weeks as of May 1st. As of today, I expect less than 5M is still shorted and they will recover their position on the way up.