GB Group Ord Shs GBGPF

Looking like.....

[thorgb1]

A $38 open. Let's see where the market thinks this deal will come in. GLTA, we should know soon.

[MartialArts]

Agreed.  Although open appears to be in the $36-37s. The MMs appear to be wanting to open lower so they can sell higher during the day? 

[thorgb1]

Yep, 36.45, nice open still. 

[MartialArts]

People will be surprised when we jump to $40.  CMED management should really announce a 10/1 or 20/1 stock split.  I'm amazed that the majority of stockhouse readers look at stock prices alone to evaluate the value.  Seems that more cannabis investors are novices? With a stock split, trading at $2-$4 per share, we're be able to reach peer valuation of over $1B.

[thorgb1]

$38.17 now......pretty clear the market is valuing any deal getting done at over $40.

[acedabjuly2018]

I agree, so much more to the value or future moves of a companies. The people who run these companies are very very smart,and are 10 steps ahead of us,for all we know cmed and acb had this planned long time ago.A stock spilt is very possible, to give a more approachable sp to weary investors.This all depends of course on the pending talks with acb and cmed. ACB could also experience a stock

[MartialArts]

ACB already has 450M shares issued.  CMED only has 24M.  Big difference.  CMED could do a 10/1 and still end up with about half the shares ACB has issued. Doing a 18.5/1 would bring it to par and would allow novices to properly compare share prices. It would be less $2 CMED compared fo $14 ACB and people would finally clue in how undervalued CMED is even at $40 trading on 24M

[Shazam75]

This post has been removed in accordance with Community Policy

[MartialArts]

I've been buying CMED from under $20 and accumulating a very large position.  CMED Is not only my largest cannabis holding, it's the one I feel comfortable holding even if I trade part of it. Others I tend to sell-off and rebuy. I take profits and trade it when it spikes and go into overbought but I don't want to miss the big run when the deals go through so I always hold at

[Brento1]

I think you are right in the CMED oil production being very desirable to ACB. In the documents that ACB was forced to disclose there was an email discussing details of CMED's oil production and possible capacity. There were comments by someone at ACB between the lines that were redacted. I don't think they redacted "Ah no value to us"

[PROtrading]

See!  That's why I put up with clowns here, every so often there's nudgets of GOLD!

[VENMan]

ACB would be able to get CMED to full production capacity much faster than CMED on it's own. ACB has Italy Germany and all the rest to consider. CMED can produce 50 to 60 million bottles of oil per year and 11,000 Capsules PER HOUR!! Currently. GLTA ALL IMO!!  

[VENMan]

I'm also shocked to find out how many people don't know what a Market Cap is. Next time you're at a party ask the next the person who brings up how much money they made in pot stocks if they can tell you what a Market Cap is and odds are they won't be able to. I took a small position this morning in CMED because even if this deal with ACB does not happen, as long as the lawsuit is

[PROtrading]

Absolutely!  You have dummies buying up ACB at $14 when they can get it for $8 through CMED and dummies buying up HIP at $1.70 when they can get it at $1.10 via CMED. One day Princess CMED will shine.  Right now, she's the virgin being kept locked up!  LOL!!!