Emerald Health Therapeutics Inc fka EMHTF

[badog]

MADDSTACKER....
Emerald was a $2 stock Nov/Dec....went to almost $8...now back to low $4's. Do you think Emerald...or any other mj stock warranted their sp highs since December?

I'm not so sure these mj stocks won't continue to drop to a closer valuation with early December. Then when it actually comes to reality which ones will rule the market the sp of those companies will be off to the races again.

Maybe I'm wrong. There is no way to prove or substantiate ones position until more details evolve...i.e. beyond potential production volumes to actual volumes...customer bases established...future share counts...debt...etc.

But I wouldn't count on more than token sp rises now and then...at least for now. IMHO investors will be much more reluctant to invest into a major pullback and will wait for sp's to fall further.

Just my opinion based on what I have been watching. All could turn on a dime...but I doubt it. I think more savvy investors have taken over here...not the chasers of wild swings...without merit. I include all mj stocks here...not just emerald.