Post by
ERTguy on Apr 01, 2019 11:28am
Tied to the hip or not
OH should not be down 4% today when the offer was made on a fully diluted basis at basically a dollar above the current share price. This weakness really makes zero sense to me when a price tag is already put on the stock price. Normally it's the acquiring company that's in the red on an acquisition. This just baffles me
Comment by
xXxFoBxXx on Apr 01, 2019 12:37pm
This post has been removed in accordance with Community Policy
Comment by
Chutzpah on Apr 01, 2019 12:50pm
CL is best in class and my largest MSO holding. So happy they did this move after I tripled my position on their FL adquisition. Will be looking to add buying discounted OH shares now
Comment by
numbersguycdn on Apr 01, 2019 3:33pm
Take a look at Marc Lustig ownership of Randburg International Gold and listing of CL on exchange.
Comment by
retiredcf on Apr 01, 2019 3:43pm
The big boys normally come out to play in the last half hour of trading. And they look to be coming back into CL (now $15.24) with volume approaching 1 million. GLTA
Comment by
retiredcf on Apr 01, 2019 12:46pm
There's now a post on the CL BB indicating that it makes more sense to buy OH at this point rather than CL because of the current discount. Perhaps common sense will return after lunch. GLTA
Comment by
Chutzpah on Apr 01, 2019 1:02pm
you are so outta lunch is not even funny