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Emblem Corp EMMBF

"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

Comment by MrOptimizationon Jan 11, 2019 10:42am
105 Views
Post# 29218350

RE:RE:Just sold

RE:RE:Just soldAccording to who's chart? I think the aggressive target price of 1.21 converted is my target of where this stock may settle. Yes, at today's price it could be more, but next month's price could be less. If it drops below $1.10 again, I'll consider it. But I sold it, and locked in my 20% gain. Then I bought Aurora Cannabis yesterday for $7.70 and turned that around for a 1 day gain of 10%. Why is ACB and APHA up by 10%, but EMC is still at 1-2%? Lots of things to consider in this volatile, niche market.

As for ALEF, I dont think its going to $4 when it was at $0.70 recently. I could be wrong, but that's a very ambitious target. Need to read Optionality, and only invest when the upside is significantly higher than the downside risks.

Good luck to all! I'll reconsider getting in when there's another correction or closer to the vote date when we analyze the margin spread is between the ALEF price x 0.8377 vs the EMC stock price.

spasticated wrote: The charts say Alef is going to 4.00 within the next couple of months. 


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