Emblem Corp EMMBF

Did they say?

[moeroby73]

With reading reports, experts were saying this sector was going to be great in the future.  I was hoping they were talking about near future, or at least medium future.  But the way it’s going, it’s really a very long run to the future.  Lots of MJ have record revenues each trimester, and yearly revenues also.  What is keeping these to go up?  I don’t know.  Up, down, down, up, down, down and again and again.  Manipulation?  I don’t know.  Been here so long I thought that the long run would be great, but how long is a long run?

[Mamalikespie]

https://finance.yahoo.com/quote/EMC.V/community/ Look at some of the recent comments. Yes, people see spoofing in these stocks all the time. It's a low volume stock so you can move the price with just a 100k shares. Basically they put large fake sell orders to cap the price ceiling and incite weaker holders to sell. Keeps the price within a boundary and allows them to pick up shares cheaply

[Gurlboss]

Where do you think the stock price will end up for Year End?

[Mamalikespie]

Year end? I don't know. It's very hard to say. I don't think you'll see an appreciable increase until next year Q1 or Q2. Even with sales coming online from rec sales, I don't see earnings ramping up until they get supply from Aphria and NN, and also until they start actually selling some of these higher margin derivatives. They will break even next year, which is more than

[Crosby087]

Good results by EMC, of course market didn’t react accordingly. Nonetheless , if Q4 is higher than Q1-Q3 combined , that should be about $5M on revenue and around $10M for the year ended. Then using minimum $5M as benchmark each quarter, we should be in excess of $20M revenue minimum by FYE Dec 2019. Also keep in mind , Aphria will supply Emblem 25,000 kilos in 2019, and the Germany deal long term

[growgrass]

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