Post by
jgreen09 on Jan 15, 2018 9:10am
Think long term, people
I don't know about you, but I was attracted to this stock because of its potentially explosive upside. What do you think the SP will be when Emblem's world-class pharmaceuticals team comes up with a premium-quality cannabinoid medication or two, gets an export license, and starts selling to a global market that's set for explosive growth into the many tens of billions of dollars a year?
My guess: it'll probably be a hell of a lot higher than what you paid for it, even if you got in at the inflated IPO price.
This company is shaping up to be a big winner come 2019, 2020, 2021. The financings hurt in the short term but the bottom line is the company is loading up on capital. Why? Because they have big plans for it.
Why aren't they saying anything about it? They want to maintain competitive advantage. It's a little frustrating that they aren't trying to buoy the share price while the rest of the sector is on fire, but if you got into this company because of rec, you got in for the wrong reasons and there were (and are) way better plays out there for you.
Don't be one of these idiots complaining about how you didn't double or triple your money in the first six months. Or, be one of those idiots if you want. I don't care. I'm not listening to you, and in a few years, my ears will be plugged with the hundreds of thousands of dollars I made on my investment.
Comment by
cobills on Jan 15, 2018 1:28pm
Fully diluted 185 million shares.Mkt cap fully diluted @1.95 362 million .Hardly cheap.Do not know where you came up with 150 million mkt cap.Can you educate me how you came up with that number?
Comment by
Avatarhash on Jan 15, 2018 1:32pm
If you wanna go with fully diluted calculation, please calculate how much cash that generate as well? I am calculating based on current outstanding shares.
Comment by
cobills on Jan 15, 2018 1:48pm
You should let the CFA know that this is not the way to calculate the value of a stock.Got ignore you as you are not well informed.
Comment by
brentkosta on Jan 15, 2018 2:13pm
This post has been removed in accordance with Community Policy
Comment by
brentkosta on Jan 15, 2018 1:41pm
This post has been removed in accordance with Community Policy
Comment by
deminimis on Jan 15, 2018 3:38pm
90 million warrants/options/convertable debentures/escrow shares worth $94 million (assinging $0 to the debentures and escrow shares since they have already recieved the funds for those) will be in the money @ $2.70, a level it hit just a couple days ago. There are only a remaining 2.2 million warrants worth $10.4 million that won't be in the money until the SP hits $4.75
Comment by
deminimis on Jan 15, 2018 4:40pm
I agree with you 100% on that.