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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 > Big sell off on Emblem shares Monday morning .
View:
Post by Wetwilly10 on Mar 10, 2017 2:27pm

Big sell off on Emblem shares Monday morning .

The boys can sell their pre IPO shares Monday morning .
Comment by TheInsider on Mar 10, 2017 2:52pm
Actually, you're a little behind the curve. They've been shorting for the last couple of weeks and selling paper openly on the market the last couple of days. I took a nice sized block of warrants at $.95 cents. Thanks.
Comment by spasticated on Mar 10, 2017 3:05pm
wish i had more cash, i bought some shares at 2.38 today and some warrants as well. so i assume it was you who took out that 2k wall at 0.95 on EMC.WT huh? 
Comment by TheInsider on Mar 10, 2017 3:39pm
2K?...Nah, it was 200K. I grabbed 150K of em. I'll sell them for $5+ in 12-18 months time. Good luck to all here. Ignore the noise, buy the short sightedness here.
Comment by Buckshot26 on Mar 10, 2017 3:40pm
You stole those from me.  I bid 100k @90cents thinking the seller would come down and hit me... ...and yes, no one waits for the legend to come off the shares before selling if they want out.  Gone are the days of the old fashioned gypsy swaps but you can short against your restricted shares so if you want out, why would you wait for Monday?
Comment by TheInsider on Mar 10, 2017 4:05pm
I figured everyone and their dog was waiting for that seller to come down.... so at $2.50+  the time premium was f-all and I have a pretty extended investment view so.... it got eaten. Monday I will be gunnel-loading common stock if another wave of selling shows up... bring it. I also own a pile of $.50 and $.75 cent pre-IPO paper with warrants...  you can bury me with those. Canopy ...more  
Comment by Princerudynasim on Mar 10, 2017 4:12pm
"Canopy will inhale this deal at some point. Apparently they've already gone after Stewart a couple of times, but all this is rumour around the water cooler.." What do you mean they've gone after him? om a good or bad way?
Comment by Buckshot26 on Mar 10, 2017 4:12pm
You are well informed.  Good luck.
Comment by PruneFace on Mar 10, 2017 4:26pm
TheInsider....."I also own a pile of $.50 and $.75 cent pre-IPO paper with warrants... you can bury me with those." .........................It is my understanding that those 37.3 million founders, management and early investor shares become free trading June 6/17. There are also 52.3 million options and warrants from the various placements still in escrow and when they are let loose I ...more  
Comment by TheInsider on Mar 10, 2017 5:37pm
Your numbers are off, there's not that many, but yes founders paper comes off hold in June. But you'd be on drugs to think they'd let go at $2.50. The quick easy money was made by the guys who owned the shell paper from Sabre, and the SFOD paper from $1.15. The stock will "fill" its valuation by the Summer, as 11,000KG's of production comes online by the Fall. The ...more  
Comment by PruneFace on Mar 10, 2017 8:51pm
Just presenting the numbers as shown in the November 2016 investor presentation. I'd paste the page but it is a pdf and being technically challenged I don't know how. ...........Yeah, I can see how nobody would want to lock in a 5 bagger. I took the easy double and will ride the warrants. I think there are much better choices in the sector, like ACB and APH than EMC. But then I'm not ...more  
Comment by TheInsider on Mar 10, 2017 11:14pm
You're absolutely right, you're not.
Comment by TheInsider on Mar 10, 2017 11:16pm
Oh I forgot to add, maybe ask ACB how both their construction and licensing are coming along. :)
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