RE:TechnicallyINVSTIGAT0R wrote: If the Constellations deal never happened for Canopy in August but an Altria deal did on the exact same day, at the same 50% premium that Canopy got then the deal that Aphria would have closed would have been at the price of about $13.50 per share. Altria and Diageo knows this obviously. They can do simple math. I'm starting to think that we were all beyond stupid to think that the Constellations deal + Legalization hype that drove us from $8.xx to $22.xx would have somehow convinced a big company to give us a premium on top of all that. $30? Really? I'm feeling pretty stupid myself. Now I don't think we deserve a 50% premium trading at $8-$9 because we are very undervalued, but I think now that we're a lot closer to big numbers I think a $20-$24 sounds about right for a deal if it's made soon.
Maybe Vic is softbashing constantly to bring the share price down futher so he doesn't look so bad? If he closed a deal at $20 when it was at $17 the market would not like that one bit. But if he closes a deal at $20 when the share price is $13, oh look the headline reads 50%+ premium instead of like 15%+.
If you're unhappy that Canopy got a big deal and we didn't remember this:
WE DID (essentially). We gained more than 100% in less than 1 month. That is effectively the same outcome as Aphria getting a deal at the same time Canopy did. So stop all your b.itching and realize that you just simply made an investment error and have to hold a bit longer, thats all. Aphria is great. Aphria will get a deal, it won't be $30 (likely somewhere in the $20-$24 area). There is endless growth ahead in this industry so just hold and forget it. Aphria will be a big player and will easily boast a 10-20 billion+ market cap in a few years.
$20-$24 look good now. Done deal! :-)