Emblem Corp EMMBF

Healthcare Biotechnology Cannabis

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

OTCPK:EMMBF - Post by User

Emblem Corp > How Does the Math Play Out?

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Comment by MrOptimizationon Dec 31, 2018 10:33am

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RE:RE:RE:RE:RE:How Does the Math Play Out?

I agree and disagree with your sentiment.

I could see Alefia questioning why they are paying more than required given the current deterioration in the market for marijuana stocks, combined with the continued deterioration in stock price for Emblem.

I also see the margin play being a quick win, even if you want to buy it and sell it once it converts to an Alefia share. There is a risk though that the industry will continue to deteriorate, as the PE Ratios are higher than our gold standard stocks (Canadian banks). So although it could be a quick win, its not a guaranteed one. Maybe buy it closer to the settlement date to avoid any additional market swings?

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