PINL:BZAMF - Post by User
Comment by
Frankvestoron Oct 23, 2018 1:07pm
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Post# 28857441
RE:RE:RE:76M$ @ 6.85$/Share
RE:RE:RE:76M$ @ 6.85$/ShareOf course anyone can lose money. I’m not suggesting that this stock will obviously go up just because of a bought deal but It’s something to consider in my book. What I like (more than the bought deal) is that they are on scheduled with the construction, they received all their license so far, they have money in the bank, they will most likely attract a big player in the beverage industry as they branded themself for this specific market (with all their experiences and allocated space in their facilities) and the planned production make sense. Future will tell us but I see a lot of upside in the near future (2019-2020). One thing for sure is that the current drop is very interesting and it’s a Strong buy at the current valuation (in my book). However, will still wait 1-2 days before purchasing more because I feel that the short is not over yet.
Alex2018 wrote: I was thinking that investor with 76 million more smart that me. Today this investor can buy 40% more at open market without any share restriction. Losers are everyware, even between millioners.