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Re: dawood post# 91167

Sunday, 10/14/2018 6:38:09 AM

Sunday, October 14, 2018 6:38:09 AM

Post# of 128599
depends on the price....in the low 30s, when I was all in before the deal was announced....it was super positive for me as a shareholder, I went up over 100% and I sold it all, and did some trading for added extra profits and it was certainly great....

but take that same deal for a shareholder that is holding his shares at $70 a share, to the person that bought shares from me.....for that guy this deal is not so good....for any further returns on investment there will be a require a massive increase in the value of WEED....because of the built in dilution....

in my opinion of course....could be that WEED does so spectacularly good that investing in WEED vastly outperforms an investment in STZ....but I am confident in my basic arithmetic and logic....if Bruce wants to sell his baby for $48.60 a share.....why not sell some myself at $70 and buy into the company that has all the warrants....

Essentially STZ bought in and they get an over sized proportion of further increases in value to WEED than the average shareholder because they got the warrants.....

they are going to more than double the number of shares and the increase to the book value of WEED will be less than the increase in its market capitalization......by billions....at these prices of about $65 a share...Canopy Growth Corp has a fully diluted market capitalization in excess of $32.5 billion Canadian dollars....

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