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Bedrocan Cannabis Corp. V.BED



TSXV:BED - Post by User

Post by BuenaSuertaAtodon Feb 24, 2015 12:04pm
128 Views
Post# 23459131

Bedrocan Stock is struggling (realtive to MT,TWD) because ..

Bedrocan Stock is struggling (realtive to MT,TWD) because ..First I'd like to point out that BED stock performed better than MT & TWD if you look at a 3 month comparison chart, and you have to look at a 1 month or shorter duration to see BED losing ground against these competitors. Also, had BED retained most of it's MMPR pop, it's SP performance would still be on a par with MT & TWD. Coinciding with the timeframe of the MMPR, 600,000 insider shares were unlocked & suddenly available to trade. Add the warrant issue, and you have close to 2 million shares that could be traded profitably at anything near or above $0.80. This is the only headwind I can think of that is not shared by MT & TWD. There is also no doubt concern that some dilution may be required before profitability is achieved. TWD shares this challenge, and in fact announced this AM a $20 million bought deal financing - ergo a SP drop of over 10% for TWD. -GLTA
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