Down to 6.50I'm long but here is why I think its heading in that direction for the short time.
Cannacord is selling off a ton of shares! Suspicious since they work with ACB. Lets do the math. I suspect ACB only wants to give $24 still for CMED. $24-5 dollars cash = $19. $19 divided by 2.9 equals 6.55. This is about where the shorters are aiming. Reduce Dilution but giving cash. Make that cash back by shorting it.