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Re: hiroller12x post# 84560

Friday, 08/24/2018 9:25:19 PM

Friday, August 24, 2018 9:25:19 PM

Post# of 128586
if you are very happy with the performance of your investment so far, now may a good time to sell, take a step back, and plan you next move.

$59 is significantly above the $48.60 STZ buy-in price and the exercise price of the options they are buying....

to give you an example of how extreme the performance of the these last few weeks, just look how STZ is doing so far.

They paid $5.1 billion (or will, deal is not even done yet.....)
they get 104.5 million shares (worth $6,125,790,000 @ $58.62)
and 88.5 million warrants with $50.4 strike price (current intrinsic value of $727 million

So I know for a fact that their investment of $5.1 billion is currently worth over $6.8 billion and they haven't even closed on the deal yet. They are looking at a very generous and instantaneous return on investment of over 33%.

CGC may be worth over $25 billion, but not to me, so I sold most of my shares at $58 and $59, if it goes higher I will sell more.

Buying low, selling high is a tough way to make free money, this is easier.