Wednesday, October 29, 2014 10:44:24 AM
Each license is worth somewhere around $45M, conservatively valued.
So there is an intrinsic value to these licenses.
With only 3 licenses, their intrinsic value is $135M
With 6 licenses, $270M
The current market cap is $100M
The licenses are the opposite of being priced in.
That is why the hedge on this stock has been so massive.
There is a lot to gain.
And so they squeeze as many shares as possible below .42 as they can -- this has been going on for 3 months.
They shorted so much that we were the only MJ stock on the REGSHO list this summer.
This is the sign that big money is interested in the stock and you will see huge blocks being bought above .42 as proof.
Sleek
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