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Alias Born 06/20/2004

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Thursday, 04/04/2019 4:20:33 PM

Thursday, April 04, 2019 4:20:33 PM

Post# of 1951
Everybody likes this deal.
https://www.potnetwork.com/news/cresco-labs-why-you-gotta-love-origin-deal
"A classic deal arbitrage strategy calls for investors to buy shares of Origin and sell short the equivalent amount of Cresco Labs. At the current Cresco price of approximately $12.31, the deal value for Origin is $10.00. However, the current Origin stock price is down around $9, or about 11 percent below the final value.

The key here is that investors will earn all of this in just about three months. That works out to an annualized return of 44 percent. Considering all things, where can you expect to earn 44 percent? Certainly not in the average stock or even in the sizzling hot market for cannabis stocks."

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