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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 > What's going on?
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Post by ExPluto on Aug 28, 2018 11:41am

What's going on?

Can anyone explain the sudden drop? Is it just a response/correction from the increase in the share price over the past few days?
Comment by moeroby73 on Aug 28, 2018 12:16pm
When other stocks go up Emblem has a hard time to follow the trend, but when they drop, Emblem follows the down trend.  Hard to keep up the positive trend here
Comment by GrahamCracker on Aug 28, 2018 12:29pm
There has been a lot of institutional buying lately, this is profit taking that i thought was pretty predictable but it's a clear and obvious change in trends i think the long term trend is up until january similar as it has been the last few years in a row.  There will be ups and downs along the way but Emblem could very well go between 6 and 8 dollars by January, just my opinion.  ...more  
Comment by BigMoneyNoWhamy on Aug 31, 2018 12:24pm
This post has been removed in accordance with Community Policy
Comment by BilboBaggins00 on Aug 31, 2018 12:29pm
Your thoughts are as a result of 'growth space'? lol.. they are not looking to become a larger producer, they are focusing on brands & marketing which is a much smarter path.. People like you are why the market cap is so low, which is a good thing for us who are not focused on the larger producers but the next leg..
Comment by BigMoneyNoWhamy on Aug 31, 2018 12:41pm
This post has been removed in accordance with Community Policy
Comment by Valkrie99 on Sep 01, 2018 6:31pm
Absolutely correct Bilbo. It's good to see a smart poster on this board for once. These guys were so far behind the curve in production capacity that there is no point in pursuing that--production cost's coming down don't warrant any growth spending in that area.  That ship sailed long ago. The next opportunity is exactly what you have mentioned. They can carve out a niche now in ...more  
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