OTCPK:GBGPF - Post by User
Comment by
MrGhostTraderon Jan 03, 2018 1:28am
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Post# 27268052
RE:Reread all the filings on the failed ACB bid
RE:Reread all the filings on the failed ACB bidits over pretty much ACB owns CMED already. the ceo knows it and the fear in his face shows it.
its over. but dont be sad because its a new beginning.
unfortunately you missed out on TOP DOLLAR for your cmed shares because at x4.* it was a great deal.
now you will luckyly get 2 shares at this rate. the deal doesnt expire for a while and we may just end up near 20$ for ACB.
PROtrading wrote: The boys at Canaccord know the bid to buy CMED has failed, that's why they are buying up shares on the open market. 450K on the Dec 29th and 160K on Jan 2nd.
Too bad for them WallStreet (Goldman and Merryl) has clued in are are bidding up the share price.
The premium of 56% in November would have made the $24 a share "ok" back then but the world has changes, all share prices across the board have risen. If the "premium" was applied to today share price, it would have to be $48.73 per share or 4.06 share.
The cap is bogus. It was a pressure tactic and it didn't work. Now Aurora is left buying up cheap $24 shares on the market before the markets realize the true value is between $48-55 per share if we are to accept the overvalued ACB stuff that's being driven up by "painting the tape".
The lock up is also expired, that's why Aurora was trying to speed thing up! To avoid the expiry date of the lockup. Take you time, hold and enjoy the ride up! Aurora can have my shares for $40 and it's not because I like them or the Canaccord clowns.