RE:RE:Not a great deal VK400S wrote: Why would anyone except shorts buy Supreme today opposed to CGC? They are locked in and tha's the end of the story. The only hope is that this deal doesn't go through and there appears a better deal. In this case some may be hopeful and buy FIRE over WEED.
AOGEE wrote: If you were planning to be in Supreme for the long haul and believed in Beena and the business plan going forward....this deal sucks. I am a bit disappointed in the rhetoric she has been spewing on the pod casts and interviews. I will admit I believed in her spew and bought this company thinking she was going t grew it from the ashes.
125K at .31 cents will not get me my renovation/addition and new boat at the cottage (sorry House I was really going to talk to you about it LOL).
Oh well. Oh well my bad.
I am in a dilemma. I want to hold my shares until a good exit price but I dont want to get caught holding them at the close of the deal because I am not a Canopy fan.
It went to .405 cents on 22M shares in 5 minutes. I think it will hover aroung this mark. The market will dictate if it was a good deal. I am wondering if there is any investors out there that would buy into this company between now and the close of deal in June?
The shares are going for less than the closing price of the agreement right now. Buy and hold for two months and you will possibly get a 40% or so return. That is a solid risk. Me I just bouoght another 140k yesterday so I'm selling some now and taking money before my mtg anniversary date thus I get another prepayment in before I sell my condo and face an IRD penalty. Ouch.