Post by
PROtrading on Jan 23, 2018 5:20pm
ACB 14.79* 4.5 = $67 CMED
Note, that ratio is NOT confirmed. From all indications, it appears the final deal with be part stocks and cash.
Maybe 14.79*3= $44.37+ $8 cash = $52.37 or
14.79*6.9= $102
Now, is this was ANY OTHER SECTOR, the $102 would be absolutely nuts but this is the weed sector and the weed sector is on FIRE! Everyone seems to be high and the global market numbers are very spectacular.
Now, since none of the ratios are confirmed, my expectations are a blend
($52.37+67+102)/3 = $73.79 in cash and shares.
I think CMED will take the 41 cents per shares to delay/cancel the HIP merger while keeping the supply agreements.
Comment by
thorgb1 on Jan 23, 2018 6:16pm
LOL, someone sold at $19 and is quite bitter about it.
Comment by
HFHF123 on Jan 23, 2018 6:54pm
LOL, this post is so silly I don’t even know where to begin.
Comment by
VENMan on Jan 23, 2018 10:07pm
@Protrading, Just because 4.5 was stipulated in a press release back in Nov 2017 does not mean that's what CMED will get now, ya Door Knob.
Comment by
PROtrading on Jan 24, 2018 1:46am
VENMan, look buddy, you are rude. You are no longer welcomed here. If you want to return, please ask nicely! LOL Sorry you're missing the train. Learn to read the markets and use a calculator ok? That might help. Chao! LOL
Comment by
VENMan on Jan 24, 2018 7:31am
@ProTrading, Mr. One Star, never fall in love with a Stock. My calculator works just fine. Take Care. LOL!