RE:Current priceEvensteven3 stated:
The market certainly doesn't think this company is worth more than where we're trading at. Current price I'm not sure I get your post ? So today WEED T rose basically 2 bucks that made that companies market cap worth almost 1/2 billion more today, why ? There is no reason for that, nothing changed inside the company. (Two weeks ago how ever Constellation brands did take control of the majority of shares in the company so I guess that now makes them effectively the new owners.) However what has changed is the fact that most analyst have down grade the share value to 39 bucks so I guess the current market price doesn't reflect the true value of WEED T Nor does the current market price reflect the true value of ICC as our current target price for Jan 19 is 3.00 So lets frame some perspective on ICC . We have just finished our first major harvest and signed our first significant supply deals, those have yet become reportable so our share price does not reflect a false value like the for mentioned company. Point the strong B companies at this point have been kept to a much lower level of speculative value and more technical in value.
I could spend a bunch of time going over all the attributes of ICC and how they are now set to deliver huge returns but anyone that's a long or at least done some research already is in the know, the rest could likely be divided into two groups instigators and bashers / and people that are in but didn't do any research hold smaller sums of shares and haven't yet figured out the value of their investment. .
Now if there is a buy out in the works even Aurora knows that a low ball offer would be rejected, ICC is not actively seeking some one to purchase it . ICC clearly realizes threw accounting projections and the remainder of deals that we are not privileged to, the total revenue they expect to generate so why sell . Further to that why take a low ball offer to the share holders they know we realize the value in front of us.
My conclusions would be two parts, first the market price seems to rarely reflect true value in this sector at the moment but I'm sure it will eventually. and second people in these forums seem to argue their point only to their advantage. If technicals work for them to do that, they use technicals if speculations works the next day they use that . So hang on ICC !!!!!!!! large value is coming and all parties already agree even if its not being said.