RE:RE:RE:RE:RE:RE:RE:jmo, I don't see any pot company taking over any other one.Bonds are trading at 25 on the ATS's so the bid/ask spread doesn't reflect the real spread.
The shelf filing is constructive for the debentures and not so much for the equity from my perspective.
Why not sell the common to buy the debentures as long as you are a long time investor. I get it if you are flipping for a few pennies that you need the liquidity in the stock but otherwise no question the FIRE.DB is a superior investment.
The common are superior only under the most bullish circumstances where they don't need to raise any money and the shelf shows that they are preparing in case it doesn't.
Shouldn't you prepare too?