RE:RE:HAVE THEY FINISHED DESTROYING ALL HOPE YET ?Absolutely, and I still like the direction of the sector when considering all of your valid points.
I just question the timing, Do they need the influx of capital that badly as to have jumped so quickly on this offer.
Would it not have been more prudent to wait for a few more positive catalysts ie; safe banking, reclassification, then see where the share price settles on continued optimism before inking a bought deal.
I would think the boys at the helm would have a bit of a better insight as to the direction of this sector, our potential for American legalization and where the share price will be in 6 months.
Looks more to me like a give away to the insider crew at the expense of the retail holder, and possibly a justification for the R.S. as the TSO just keeps getting more bloated.
This makes me wonder about company values and who they really care about, sure doesn`t seem to be the long retail investor who has seen his filet mignon dinner turn into a coke and a hot dog.
But still, the long story from here looks promising and I think we regain the ground in fairly short order.
Perhaps management made the right move and took the money when the getting was good, I just question the timing as things seemed to be moving along pretty good before this move.
Still holding, Still up from my entry point...but just missed a helluva a trade - but who saw this coming except for a few astute posters here.