Post by
Malex1 on Mar 19, 2018 10:00pm
I think guys who average down and are willing to hold long
On EMC will do quite well. I don’t think this is a good stock for the day traders but long term I see a turn around coming. I bought late into EMC and I’ve even started to average down.. I’ve held THC biomed for a long time and they rarely released news until recently. But averaging down and holding long served me quite well. I wouldn’t worry I’d say this year at some point EMC hits $4. Just have to be patient and if you are underwater throw everything you got at it. Eventually you will be happy you did. Good luck
Comment by
Mark1980 on Mar 19, 2018 11:50pm
Or instead of $4, it goes to $0.50 and you wont be happy that you bought!
Comment by
QcTrader on Mar 20, 2018 6:50am
0.50c would imply a valuation of 53m$ considering they have 90m$ in the bank + 30m$ in tangible assets...... thats a minimum of 1.15$ without the intangible assets (Licenses to grow, sell, oil, Intellectual property and so on.....) GL with your prediction Mark1980, you will need it.
Comment by
Mark1980 on Mar 20, 2018 10:56am
Isnt that what people said when they bought at $3??? Lol. This is the only marijuana company that has been such a cra ppy company.