OTCQB:EMHTF - Post by User
Comment by
Calgary1111on Mar 14, 2019 2:01pm
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Post# 29486649
RE:MJ Investors Sure Are Hard To Impress
RE:MJ Investors Sure Are Hard To ImpressBecause with a market cap of 544 million this stuff has already been priced in. we are still not making money. The share price won't likely move until big sales numbers are released showing actual profitability. Then the winners and losers will be known as some companies go down in flames and others stick around. Good chance Emerald is going to be a winner and that's why the market cap is still pretty high compared to 2018 highs. Tons of other MJ companies lost 80% of their market caps since those highs. The good one's like this didn't drop as much but the flip side is they don't bounce as high off of every bit of good news.