Emblem Corp EMMBF

It's been tough holding this

[GreenNme]

As its bounced around above and below my average of 1.69..but I feel like we're finally going to break above $2 this week. Patience here will be rewarded. I don't know about that $5 price target Echelon had but $3 within a year is very attainable.

[spasticated]

i think if the sector starts to turn around and enter a bullish mode, emblem could fly to 3.00 in no time. 

[cressco]

Why do you think 5$ target is unattainable? With a fully diluted share count that's just over 600 million mkt cap. Just to draw some contrast, Aphrias current market cap is 800 million. Market values aren't arbitrary thankfully. Since it is a projection of future earnings that a company has set out it's relatively easy to come up with a fairly close market value using an average pe of

[Buckshot26]

I have a personal target of $10ish myself.   It's been frustrating holding as you guys have said and I'm sitting way off side on this trade at the moment but I think management has watched things unfold, made a bold decision to go a completely different path than they had originally planned and as the market absorbs it on in, I think the share price will respond favorably. What I

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy

[cressco]

Well written. I have held a partial grudge towards the management for ditching phase 3 & 4 of medical capacity. They could have been more transparent early on, however it appears that they had to wait for certain things to align. This whole time they were much more of forward thinkers that any of us or the market could have imagined. Best regards,

[value1]

dont look at this until june 2018 - you'll be happy.  if you want to make some easy schekels on the way through it looks like technically it should hit $2.40 in no time.  throw in some pertainant fundamental news and $3.00 could be in the cards relatively quick.

[Buckshot26]

Same boat and to be honest my preference would be for them to be moving forward with phase 3 and 4 in concert with the new 100k (x3) sq ft plans.  I suspect the $37m cash on hand wasn't enough for both and they chose not to dilute us while our share price flounders around these insanely low levels.

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy

[GreenNme]

I don't understand, what's your problem with me sharing what my average costs are and what my opinion of targets for the stock price is? It seems to get under your skin but I don't think anyone minds me positng what my position is.

[gkmackdadzzz1]

This post has been removed in accordance with Community Policy

[GreenNme]

Thanks for taking the time to explain. Please allow me to explain why someone posting their average may provide some comfort to someone else who is holding. If my average is lower than today's price, and I can sell and run off with a profit, but choose not to, this can signify that I find today's price, albeit higher than my average, is well below what I believe it is worth. So then