RE:Cannimed agreed to a merger they agreed I posted the link Wait a secend, I don't know about this magazine Civilized, their writers are sloppy.... And so I do not believe this poor writing saying, they have, Announced, means their is a deal.
First, their is no PR, second, ACB is probably not going to bolt upwards even if a deal is done.
Today was a very weird day..... I would have expected ACB to pull back a bit maybe 5 percent but the buying pressure is still so strong it gained 5 percent. CMED I thought would track up to that $24 dollar mark but it really sat down after the morning rush and did not move much.. HIP is also a bit of a surprise to me, they got 9.5 million free dollars, for doing nothing, so I attribute their price move to that, but not because of the deal.
I gotta say, that 9.5 million dollar give away by CMED was very malevelant..... reminds me of my ex.... But seriously this seems to tell me that their is a great deal of interest by CMED to survive and keep ownership...... This is a very tricky situation, that I cannot get a good read on..
Constructive comments welcome....