OTCPK:EMMBF - Post by User
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spasticatedon Jul 19, 2018 11:56am
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Post# 28338930
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mari > Emblem
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mari > EmblemBrent I do respect you but it's pretty obvious your entire sentiment on Emblem is because of the stock performance and not the business itself - which is rightfully so. There's no doubt that it's been the worst performer in the sector. But the management is not incompetent, they just didn't buy into the production capacity memes that a lot of the other LPs did. The stock performance of the entire sector is based off of memes right now, so many valuations are out of whack. All one has to do is look at TGOD to know this is true. Emblem is clearly gearing up for the long run. You seem to be fixated on 2019 - what about 2020? 2021? To say that they are an aimless company with no hope of competing in the sector is just ignorance. It takes time to build up a company. They have a cohesive plan and are sticking to it. There is no money in the long run in growing weed - especially in a climate like Canada. The greenhouses here will become irrelevant as places in warmer climates begin to legalize. So what does Emblem even have to sell to justify their current market cap? 4000 kgs and some oils? Point is don't have to do much to justify it, and that's why people see value in this investment. Eventually the trend will turn and Emblem will see gains, and if their stock price does see gains I'm sure your sentiment on management will magically change as well. How much worse can it get for Emblem's stock price? How much worse can it get for other LPs' stock prices in the sector? Personally I think the fall is a lot further for other co's in the sector, and that is why I am here. Time will tell