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Bullboard - Stock Discussion Forum ICC International Cannabis Corp WLDCF

ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses... see more

OTCPK:WLDCF - Post Discussion

ICC International Cannabis Corp > Smart move would be to sell into strength and put your money
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Post by Canniprofitz on Sep 10, 2018 9:26am

Smart move would be to sell into strength and put your money

To work elsewhere.  Every deal that ACB has completed takes months and month.  In this market, it would be better to take your near 52 week high offer by selling on the market and moving that money where the potential for further movement is better.  ICC will be tied to ACB from now until the deal is done so consider some plays down the food chain.  Look for ones that haven't popped yet.  Namaste already made it's big move up.  Puf hasn't.  MTEC is an interesting play because it doesn't have the risks of the LP being a tech play on pot.  That's where I'd look to start.  Especially because they announced deals with other large caps so theres lot of potential for a bigger move in the near future.  GLTA
Comment by JRSDIRECT on Sep 10, 2018 9:30am
ACB and ICC being tied; Totally agree and the part I really don't like.  At this point, regardless of what ICC announces operationally the SP won't move higher than $1.95 (why would you buy higher than a buyout price) and the reverse, any negative SP dips with ACB will affect how many share value in your portfolio ; 0.244 shares ACB to 1 ICC 
Comment by Canniprofitz on Sep 10, 2018 9:42am
I'm not a holder.  Those massive sell orders would bother me though.  There's an arbitrage play now between ACB and ICC but with huge sell orders sitting there, 2 mill shares at 1.89 and 1.90 combined, the shares are going nowhere for now regardless of what ACB does.  Put your money to work elsewhere.  It's not a knock against ICC, it's being sold near the 52 ...more  
Comment by oceaneleven on Sep 10, 2018 9:44am
still want to atay in and play the Latin America paper...do some dd on KHRN....also rntering the public markets soon will be Pharmacielo....both have awesome management & board teams....
Comment by jaker420 on Sep 10, 2018 9:48am
If aurora goes to ex. $9.00 in the next 20 days do we still have .2448 shares per ?
Comment by Ghosttrader11 on Sep 10, 2018 9:51am
@ Jaker: No we dont as i understand it. This was just an example what it would be on September 7th. The definite shares to issue will be determined by the 20 days sma before the transaction date. (actual number of shares received and issued will be based on the volume weighted average trading price of Aurora Shares on the TSX during the applicable 20 day period preceding the completion of the ...more  
Comment by diamondyessnono on Sep 10, 2018 10:11am
This post has been removed in accordance with Community Policy
Comment by dlornemoney1111 on Sep 10, 2018 9:46am
Canniprofitz : Please remove your head from your A$$ and go back to where you came from!
Comment by Canniprofitz on Sep 10, 2018 10:44am
Why thank you for the kind words dlornemoney1111.  So very creative. Selling into strength is the logical move here.  The offer is for $1.95 a share and will be repriced from what others are adding here.  There's too much incertainty in that kind of an offer.  ACB has increased previous bids but that was for much larger companies that were hostile.  This isn't the ...more  
Comment by dlornemoney1111 on Sep 10, 2018 10:48am
I still dont know how you can get anyone one to type your words with the sound so muffled . Id say the sound could be described as sh!tty know what I mean ! 
Comment by Canniprofitz on Sep 10, 2018 11:12am
Again with the intelligence on display.  Well played dlorne1111.  Good rebuttal too.  Muffled like your mothers muff right?  Hahhahaha.  Add something with substance instead of wasting my time.
Comment by dlornemoney1111 on Sep 10, 2018 11:16am
Canniprofitz : you did say you werent a share holder right ? Sooooooo.....your intrest in this board is ?
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