OTCPK:EMMBF - Post by User
Comment by
Djwburron Apr 27, 2018 2:24pm
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Post# 27951508
RE:EMC.WT
RE:EMC.WTI was considering this as well. It could be very well the unknown as this market (recreational) hasn't launched yet so the supply/demand factor is really just a guessing game. I've heard many bearish and bullish arguements on the Canadian MJ sector and the unknowns are likely reflective of the attractive warrant price.
You also have to consider the risk of the buildout of new facilities. Do they have enough money to complete construction? Will there be costly delays? Will they need to dilute further? Is Canada going to head into recession this year?
Despite the risks I might have to buy some warrants anyway. If anything, expect a big bump in all MJ prices once recreational sales start this year. The world will be watching and pumping $$ into every MJ stock available. I expect a double from today's price from pure speculation in the coming 3-6 months. Be prepared to lock in some profits and scale in at any dip until then.
GL