Post by
82Supra on Feb 25, 2019 12:09pm
Is this the only option left?
I can understand longs not being happy about the buyout but I can't see any other option. IMO, if EMC rejects ALEF, EMC's SP has no place to go but down. Now if a competing offer came in, slightly different story, but......
Comment by
insidersnoop1 on Feb 25, 2019 12:47pm
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Comment by
highrider2 on Feb 25, 2019 1:01pm
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Comment by
Gbbuknowme on Feb 25, 2019 1:04pm
Price gap will close i guess on March 6th Emc will be at 2.69 pop it imo glta
Comment by
highrider2 on Feb 25, 2019 1:06pm
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Comment by
PPST1023 on Feb 25, 2019 2:37pm
So if i'm understanding you correctly. Hypothetical example: if i own 1000 shares of EMC (purcahsed at $1.80), i'll get 838 shares of Aleafia when this deal closes. and if they are worth 2.80 at the time. original cost 1000@1.80 = $1800 838 shares at $2.80 = $2346.40 so a profit of $545.40 when the deal closes. Not a bad return
Comment by
JungleGeorge on Feb 25, 2019 2:44pm
Exactly correct. I strongly urge you to read all the information from both companies as they both are financially solid from my research. If you want to really capitalize big time you would buy any of the warrants as that is where you get the most leverage.
Comment by
JungleGeorge on Feb 25, 2019 2:47pm
Remeber that your example is based on today's trading prices. By the closing of the deal the share value could be substantially higher thus yeilding a much greater return. Based on other Marijuana stocks, this merger has really good positive potential which is uncommon so the opportunity exists now
Comment by
JungleGeorge on Feb 25, 2019 2:24pm
It means no such thing. If there was any doubt whatsoever, then the price wouldn't increase at all. The fact is that Emblem stock is increasing and so is Aleafia.
Comment by
highrider2 on Feb 25, 2019 12:54pm
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Comment by
insidersnoop1 on Feb 25, 2019 1:00pm
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Comment by
82Supra on Feb 25, 2019 1:54pm
Sounds to med like your incredibly paranoid about this stock. If someone got in over 3, you think they're going to be happy? "Shorter or don't understand"? Ya thats why its my 2nd largest holding. Chill, bill