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Re: stoner422 post# 90431

Sunday, 10/07/2018 11:06:46 AM

Sunday, October 07, 2018 11:06:46 AM

Post# of 128599
And I feel the same way, I was using $65 as a base to sell stock, and using the $50s to buy it back...but then I diversified - at this point for me it is all about relative value WEED to STZ, as the price of WEED approaches and crosses $50.40 and $48.60 the value proposition changes dramatically - the current intrinsic value of a deal that has not even been finalized can go from billions to less than nothing...and the prospect of dilution as well, I mean at $70 dilution could happen without any further benefit to a current shareholder, you cannot say the same thing if the price is $49...at $49 you still have to make some profit before Constellation can strike those $50.40 warrants for profit

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