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Bullboard - Stock Discussion Forum 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 Discussion

Emblem Corp > I was waiting to buy these
View:
Post by ZIGGYMARLEY on Dec 12, 2016 3:42pm

I was waiting to buy these

I was willing to pay around $2 a share but the valuation was silly high , so I bought into ACB instead because they have the potential to produce 108,000 kilos per year , which is more than their market cap now . 

ATB and GLA
Comment by Chemdog on Dec 12, 2016 3:48pm
EMC is only 12,000 kilos per year at 50% capacity which they aren't even at they are at 25% it helps to be educated in this industry HAHAHA  
Comment by ZIGGYMARLEY on Dec 12, 2016 3:53pm
Learn to read LOL , understand the word potential !!! 100,000 kilos from their new site (if it goes through)  cheers :)
Comment by VENMan on Dec 12, 2016 4:05pm
ACB was trading at its 50 day moving average $2.03 and would have been a good buy at that price today. I held off buying yesterday because the Market Cap for ACB is $552 million with there 272 million shares outstanding compared to EMC with a current Market Cap of $211 million at $3.25 with 65 million shares. If EMC had the same Market Cap as ACB it would be trading at $8.50 per share not $3.25 ...more  
Comment by Nunu1980 on Dec 12, 2016 4:14pm
This the 1st day in 10 or 15 days ACB close above the open so this week we may see $3 .  and all the MJ are in green so task force report will be good . and the prices will go up this week  I will see if i can get on ACB 2moro .  For EMC ii was lucky to  get in at $2.99 didnt sell im holding long . you wont see $5 now but it will  in Jan i hope . but it may hit $4 ...more  
Comment by Todd604 on Dec 12, 2016 9:14pm
I got in at 3.25$ not too bad of a premium, only 25 cents. I was expecting it to be 2-2.5, but by the time I filled out my order, it went from 3.10 to 3.25.. That was 5 min after market opened, so I was like... fk it i saved money to buy this company, im buying this company. There was some hesitation, but I'm glad I pulled the trigger, regardless of the results this week, I'm going long.
Comment by Triplebag3r on Dec 12, 2016 9:58pm
This post has been removed in accordance with Community Policy