RE:RE:RE:RE:RE:ChartGuys Say Bulls Still in Control...Dunno really. I don't follow the SP weekly very much as that's more of a technical thing. I'm more about quarterly or yearly. I don't expect much tommorrow as the 2 companies haven't consolidated shares. You can either look at this as a bull or a bear. It could be your last chance to get in under 10$ or you could hope for a big sell off on Tuesday to try and find a entry point later in the week. Personally I take the view of a bull at this SP because I look to where it will be come April/may. Which I believe will be between 13.50 and 15$. Assuming everything goes ok and there are no major setbacks in the house of commons come august 2017 and the price should be between $15 and $19. After that it's all upwards pricing, still alot that is going on behind the scenes that can either bring more increase in value. Or just solidify whatever the SP is. If CGC was worth 10$ at the time of the announcement of the merger, then it makes no sense at all that the acquisition of MT means the price is still worth 10$. And if it does, the it makes that price far more justified then before. I look at it as a 10$ company + a 5$ company = 15$ pretty simple math. Sure. You could say CGC was overpriced and worth 9 and MT was worth 4. But that still hits my estimate of 13-15$. It usually takes a month or 2 for a price to hit that and consolidate.
paperbackjack wrote: hey Bob what do u think the sp will be at weeks end??