Emblem Corp EMMBF

Ultimately its all about supply and demand.....

[ledrog]

Lots of people will view $3+ as too high, and that is fine of course.  I think there's a chance EMC could be like real estate back say 7 or 8 years ago in cities like Toronto and Vancouver.  Back then people saw single family dwellings going for $300 or $400K and thought they were overpriced.....so they waited for a correction and watched those same houses climb to $1 million+ over the following years.

What might bring in so called "greater fools" to pay even more for EMC.  I can see a few things.

Media articles about the IPO action in mainstream media like the Globe & Mail...CEO interviews on outlets like BNN.  A listing on the OTCBB....Then of course there's this spring's anticipated annoucement about the legalization of  Wacky Tabacky for recreational use.

Its a risk....don't play if you can't afford to lose.

[Chemdog]

I will bet my whole portfolio that this goes lower

[ledrog]

I'm expecting volatility....toss a target out the Chem.  I think by this spring it could be $7+, that's based simply on "feel"....speculative stocks don't trade on fundamentals, Nortel was worth almost $200 back in the day on nothing beyond spec.   If you think its going down make some cash and go short though.....if you're that confident.

[Chemdog]

a few thinks ledrog I am friends with the CEO, i have known him for years.  I kow this industry very well, and i know how speculative all of this I'd rather not roll the dice thank you very much...I work hard for my money and don't like to throw it randomly down a pit and hopes it come back as twice as much I have been buying and selling stocks for 6 years now...I don't know

[ledrog]

Chem....I'm not trying to get into a penis waving contest, I respect your opinion, and you are certainly right that it is risky as all get out.   I opened a small position here, based on all the hype around MMPR....but as you know from my posting on NF, I'm not into the garbage plays.  The management here, I like their chances to be long term winners.... Now....is EMC

[Chemdog]

hey np ledorg...good luck here.. i just get pissed that the day traders use their trading platforms along side this website...and they think i don't fu.ckin know this.... thats what pisses me off anyways, good luck brother and i don't short stocks(too risky) I have learned to not get hosed by over valued stocks...(by the most part..hahaha) peace brother brother

[ledrog]

I like having some skin in the game....even if its short.  If I was willing to "bet my entire portfolio" on a stock going down, then I wouldn't just toss that out as rehtoric, I'd place at least a small bet accordingly. However you are right about the risks of going short.....many sharp guys thought NT was overvalued at $100 and went short, and ended up losing their shirts

[Stella69]

This post has been removed in accordance with Community Policy

[Tradingvet55]

emc has the best management team in the game. They will be the first ones selling in pharmacies. I'm loading up on this long term.

[Chemdog]

Bullsh.it