Post by
retiredcf on Nov 15, 2019 10:09am
Have We Bottomed?
We can toss insults back and forth until the cows come home and it isn't going to improve things. Obviously this merger has been painful but it wasn't helped at all when all the air came out of the MJ sector balloon.
With back to back huge losses from Canopy and Aurora, it's another tough day of sledding in the sector. Despite this, CL is in the green and OH is worth $5.25 based on the new terms.
So we can keep looking back and continue to gnash our teeth or we can accept what has happened and look forward. GLTA
Comment by
pienter on Nov 15, 2019 11:42am
Ret, I agree with that we will have to see this in a few years and make the balance of our actions
Comment by
TeamEddie on Nov 17, 2019 4:50pm
No we have not bottomed on Dec 3rd CL releases 200 million shares and will sell off
Comment by
drbob512 on Nov 18, 2019 2:18am
I wonder if CL might announce a delay in unlocking those shares in 3 or 4 tranches in order to prevent massive selling on Dec 3rd? Or if a lot of the shares to be unlocked have already been sold short in past couple mos. in order to lock in those prices? Wishful thinking perhaps..
Comment by
weedstocks123 on Nov 18, 2019 1:34pm
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Comment by
weedstocks123 on Dec 07, 2019 1:03am
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