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Ok took my profits when this tanked this morning. Looking to buy ACB now. Good luck with your plays Hunchbackgeek.
Thanks for the info Hunch. Think I'll buy some acb instead of cmed. Price has something to do with it.
How I appear to u makes no diff to me bud. I wasn't sure what was exactly happening when the merger took place. Now I know but still believe it's way overvalued.
Ok guess I'll have to make a decision by end of next week then. Appreciate your views thanks.
If you say a 3 for 1 that puts cmed shares at around $30 or so with conversion. Hmm I have a dilemma.
Ya eh? Ok that's a little tight for me then lol
Can you expand on that a little for me?
Ok so I hold my CMED. What happens to people who are short Dbrown?
So what happens to CMED shares? Are they converted to ACB?
What you think people will do with there CMED shares?
Ok so what does that mean exactly? What happens to both companies shares?
You say the price is set in stone, because they paid $44 a share when they were bought?
Only people getting rich here are the insiders, directors ceo cfo. They're dumping shares monthly and cashing in huge.
EPS growth at CMED is below the industry average, and worse, is declining. The most recent EPS was $-1.12, a decrease of -602.08% over the previous year.
Who is buying this garbage? Is it the company? Are insiders buying this to keep it up. When this finally drops its going to drop like Niagara Falls. Don't get why people keep propping this up. Way way overvalued. Soon this has to go to $30 or less. No reason why every other weed stock is being sold off and this one stays at these ridiculous levels.
ACB the parent company went down over 30% off the highs. This should do the same but somehow holds only down 20% from highs. Makes no sense. Also why would anyone buy this at $35 when you can buy ACB at $10.60
Where is the logic. Only thing that makes sense is that people bought at $44-$46 and are being hammered. See u under $30 joke stock
Anybody buying at these prices is mental. This is worth under $20. Seems like people buying here have the Tesla brain dead mentality lol
SEND IT!
Agreed it's hard to say right now with all of em them getting pumped.
I don't think we've seen the bottom yet on a lot of these weed stocks.
Ya I watched it. Looks great but until they're pumping out plants I can't see how goes much higher this can go. This delay of the legalization also hurt most weed stocks recently.
I agree, Aurora is the better buy based on price anyways.
Anyways gl going forward. I see this going below $30 next week. I'll close my SH position then and see.
Have a high weekend :)
That's great. Problem is it's main competitor WEED, Canopy, has better footing in the market and more name recognition. CMED way overvalued and market cap ridiculously high. Also Aurora paid a premium for this one. A terribly bad move. May work out in the end but for now it can't sustain these prices. Below $30 again next week. GL
Ya I thought so to Madd. ;) Keep buying those dips, will help your avg. Just by reading your past posts I know you could use a lower avg. GL bro lol
Ya TrendTrade2016 this one will continue to PLUMMET. No reason for it to go higher. Was $2 higher less than a month ago. If I was long I'd sell out and go short. Must be a great feeling to watch this super tank daily. EMH not a WINNER. Creating bag holders daily. GL
Because Aurora bought them at the peak and offered $44 a share when originally in Nov they offered $24 which was current price at the time. This will continue to plummet to under $28 soon. Aurora paid $1 billion more than they should've. Mistakes happen in these weed stocks and investors and companies will continue to lose until legalization happens in Canada.
TSXV-Listed NAC at Fresh High as Expects to Open Network of Retail Cannabis Stores in Manitoba by Q3 2018
4 hours ago by MT Newswires
09:48 AM EST, 02/16/2018 (MT Newswires) -- National Access Cannabis' (NAC.V) shares surged 18.8% on market open Friday to fresh high of $1.20 apiece after saying that it is one of the four recipients of licenses to operate privately owned retail cannabis stores in the province.
The company said in a statement that the government of Manitoba granted the licenses, conditional upon several factors, including completing necessary agreements and providing the required documentation.
Under the terms of the Retail Organization Agreement with the Manitoba Provincial Government, NAC may build, develop and operate in approved municipalities in the province, but the number of locations is subject to ongoing discussion.
CEO Mark Goliger said: "With our history in successfully operating nationwide medical cannabis clinics, strong First Nations and Licensed Producer relationships, combined with our deep knowledge of safety, security and harm reduction, NAC is perfectly suited to exceed Manitoba's current and future cannabis retail regulatory requirements."
NAC also said it intends to deepen its relationships with CannaRoyalty (CRZ.CN), Cannabis Wheaton Income (CBW.TO), and Tilray, as it builds and develops a network of recreational cannabis stores in Manitoba in advance of the anticipated summer 2018 legalization of recreational marijuana in Canada.
This one is a winner, will continue to fluctuate and test the highs. Good support now around the .99-1.01. Don't fall in love just trade.
No one ever went broke taking profits.
Good luck to all NAC investors.
EMH be sure to buy your shares at this high price going into weekend!
Kinda reminds me of my fav reggae song. 1 cent 5 cent 10 cent dolla, dolla dolla dolla! Don't be madd get yours now at this sale bargain price.
This stock is crazy over valued. Should be less than $1.00
Vector analysis.
http://www.vectorvest.com/StockAnalysis/StockAnalysisDetail.aspx?req=FY11E8EkxU4fJb3IXsPtLZZaKS5urCnBAyPu2-gIqdHX4_W16JczGXTeYrMc9Oj2doXLruD2RGXgoicqXbPR3eOGVMzDOcmEIljIxyoWxenKINTYE83sy3heXk3ijq90ilvAd_n6eAXVRDBkiUdI5hJteGknZo-nLVXGgm5RrRwQ93MzS7gPJJi-5NlwvvP4wX8G2g8gwwI1Ukimq4vaWOUdw9EpVWZU2TvTeyH5CVAPxKEPpFb4uZ7RI4vn9n0B2d4IrFzG6KeHxcIM12x3aBIOmeR8Fex6fWOeeuNdnQ7I1dJTmZj5iGFZm9SD8SucjJ4IW-bQjquuL1asd4MJIN5UNHZ9tpM5f7VCNyUCDlyXkquY3w-ZPhbQWeG1ZXKIrMMn2k-YzFQyoVdHOLsHFWllLKiIpF00CoGGMZNnuvCehatF0W--zdR_pq7_bYYvul1YDDxwyOcLA8OjhTamorImhcvDHbLUv3BCGEiv28CiMY7JM5GiCtcD8nupWDy0NrgGdUEt1yQ3hXMAbyrxN4YkrBXvIcgskIJaESIqwf_lBeMZxsCp6_ItYHbiCSQy7D_C2Dy_KaVpQSYbxDre7A..