RE:RE:RE:RE:RE:RE:Bought deal @ $3.55Their clients made 3 money already in less than 6 months.. good amateur job if you ask me. I went long OGI end of the day.. downside limited vs other pot stocks from this point for short term.. May be new highs sooner than we think.. CB
FalconM wrote: Yeah they rode the same safe speculative bubble I rode over the past year. Without knowing the actually terms of regulation big time companies won't enter the space. They might even wait until legislation is passed, but my point is, there has been VERY limited downside up until the task force. None of the LPs have had to worry about competition. You could have picked any LP and it would have done well. When the task force clears the fog and real competition emerges what do you think is going to happen to the LPs when their competitors get bought out by billion dollar companies (REAL billion dollar companies)? They are going to get crushed unless the specific company you are backing gets bought out. So you have to basically guess which companies will get bought out, and most retail investors like myself know very little about the private sector companies, other than they are worth a lot less and will probably have better value. So Dundee is no different than an amateur retail investor gambling on a speculative market. Except they have the capital to move the price and they've constantly manipulated this sector so I hope they get whats coming to them.
curiousbuild wrote:
just remember finanning in summer and look where stock and warrants trade today before calling Dundee and others ameteur.. CB