TSX:FIRE - Post Discussion
Post by
Greenman519 on May 18, 2021 2:33am
Link
Check out this link (highlighted below)... literally every ticky box (except maybe #5?) has been checked. The one that concerns me the most is #4 and the "Phantom (fake) Premium" being offered. Supremes valuation is extremely low relative to their competitors who have less to offer. "All of the directors of Supreme voted to approve the Arrangement at the April 7, 2021 meeting of the Supreme Board, with the exception of Michael La Brier who voted against approval of the Arrangement. Mr. La Brier had previously indicated to Supreme Board members that, in his view, the effective value of the Supreme Shares was in excess of the value represented by the Consideration to be provided to Supreme Shareholders under the terms of the Arrangement." 10 Signs Your Company is About to be Acquired — GripRoom 1. Management stops defending the stock price.
2. Social media posts are overly bearish and calling for the CEO’s removal.
3. Wild fluctuations in stock price.
4. Large amounts of phantom premium are on the table.
5. Sneaky option trades.
6. “Sell this, buy that.”
7. Bizarre price action prior to upcoming milestones.
8. Resignations by high-level management or board members.
9. Your company is unloading assets that won’t fit well into a merged company.
10. Your stock has become disconnected from reality "And those are things you need to watch for. The more ridiculous the price action, and the more ridiculous the reasons behind the price action, the more likely your company is to be bought out.
Wall Street is a treacherous place. Or, as Obi-Wan Kenobi put it, “You will never find a more wretched hive of scum and villainy.”
Good luck."
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