PINL:GRPOF - Post by User
Comment by
Pumper4Lifeon Mar 28, 2018 3:47pm
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Post# 27797546
RE:RE:So many bargains right now..
RE:RE:So many bargains right now.. I cannot say with certainty.. but it’s the rumor
currently 10 avg for abcann is approx 1.75.. meaning cbw gets 15 million worth at 3.50.. oddly enough the same as the bd
if price went down at the same rate as the sector, it most likely would’ve been at 3.80 at least
In any case , 1.60 abcann or 0.85 tbp.. both are good entry points for anyone who thought they may have missed the boat
As per cbw/abcann nr:
- on the date that is the earlier of 10 days of CW raising an aggregate of $150 million or March 31, 2018, CW will subscribe for an additional $15 million at a price per ABcann Share equal to the greater of two times the 10 day volume average trading price of the ABcann Shares at the relevant time or $2.25.
LeafRider wrote: Pumper4Life wrote: It’s a full time job finding which stock has the most elasticity for the biggest/quickest rebound
TBP has an easy +20% ( and more when they state phase 3 clinical trials officially started)
ABcann also has between +20%/+30% short term bounce potential , interesting part about abcann right now is it is superficially depressed as cbw needs the price to be as low as possible due to their 15 million investment coming up on March 31st.. states $ 15 million investment is priced at $2.25 or avg of last 10 trading days before March 31st, whichever is higher
So are you saying you think Cannabis Wheaton has engaged in a shorting excercise to push the price down of a stock they are tied to with raising capital. That starts to sound like fraud, if you ask me. I didn't know that, but my ABCN stock is taking a $hit kicking lately. The cannabis sector is so bad for shorting, people really need to think for themselves and focus on great entry points and taking profits when it makes sense... Tetra is so grossly undervalued that at some point something is going to go hard the other way IMO.