ceo.ca signs you are being acquired...interesting readInteresting perspective over on ceo.ca with this article and after reading it, I feel as though we are suffering from at least half of these
https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired - Management stops defending the stock price – Not sure they ever did
- Social media posts are overly bearish and calling for the CEO’s removal – We have a friend who has been singing this tune quite a bit for at least 6-8 months now
- Wild fluctuations in stock price – It’s been a snowball rolling downhill for as long as I can remember
- Large amounts of phantom premium are on the table – We are likely trading below our market cap and what it would cost to build our facility
- Sneaky Option trades – Unknown
- Sell this, buy that – References to CANN, Spacestation, BEER, Hexo
- Bizarre price action prior to upcoming milestones – Does the recent haircut to $.08c count?
- Resignations by high-level management or board members – Does the CEO ‘stepping down’ count?
- Your company is unloading assets that won’t fit well into a merged company
- Your stock has become disconnected from reality – Are we really a $0.11 company?
Whether it happens in the end or not, still an interesting read nonetheless.
Happy Monday,
MJ1