Post by
Matteo1234 on Nov 13, 2020 11:35am
$7.50
why is this not higher than the private pl. any thoughts?
Comment by
TrendSwapper on Nov 13, 2020 3:42pm
I was wondering the same thing yesterday and increased my position. Doubt the funders will be the new 150 Mil bagholders! LOL
Comment by
AlphaT on Nov 13, 2020 4:03pm
I think the banks (probably the ones helping out with shares) tried to pull this pig up for the last 2 trading days but failed due to the fact that 20% of overall float os being shorted. And we already know that this is not the last offering from ACB, more to follow next month ...
Comment by
joelou on Nov 13, 2020 7:31pm
Last I looked short interest on the US side is down to 14%.. remember, the latest raise was pretty much a bought deal .. investors were lined up from the get go.. call me crazy but I do believe we are seeing some kind of consolidation at the $7 US level .. personally I've been writing puts at the $7, 6.50 and $6 level. -- so I had a good week. :-) cheers. JL
Comment by
AaronEggs on Nov 13, 2020 11:42pm
You guys aren't smart, they've done many PP over the years and it's gone siiiiiignificantly lower since said PP's. PP's mean nothing for short or long term sp
Comment by
charliebitmyfin on Nov 14, 2020 7:10am
after they pay the lawsuits and others they owe ten's of millions to, they can use what's left for the usual cash burn and bonus's LOL
Comment by
wheelsonthebuss on Nov 14, 2020 7:44am
not getting my CASH baby - O YAYA !!!!! sold long ago - this play is for the birds - O YAYA !!!!!!
Comment by
miscstuff on Nov 14, 2020 1:49pm
The big boys can sell all their shares down to as low as $7.50, and replace them with the PP shares and also pick up 1/2 a free warrant for each one. A great deal for anyone not wishing to buy extra shares. Hopefully this will be the new bottom.
Comment by
Matteo1234 on Nov 14, 2020 2:13pm
make sense bra. thanks. finally acb has put in a bottom. up from here
Comment by
miscstuff on Nov 14, 2020 2:53pm
Well,at least until the next PP or financials. lol
Comment by
Matteo1234 on Nov 15, 2020 2:58am
charts are showing a new cannabis bull market underway. cheers
Comment by
OhyayaOmgWTF on Nov 15, 2020 10:23pm
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Comment by
Matteo1234 on Nov 15, 2020 11:35pm
thats the price i paid for amazon , anythings possible
Comment by
Matteo1234 on Nov 16, 2020 3:39am
i think $7,50 will be passed today