From an investment standpoint, I love the idea that medical and recreational use appears to be entering a once in a lifetime new era. Investors who make the right decisions might be able to duplicate something somewhat similiar to a stock like Apple...or Amazon...or Microsoft. There is a huge market out there and there will be companies that succeed in tapping this market. It could be stunning.
I am comfortable with a company like Canopy for the long run as they are mapping out their future and I don't see anything as dicy as this CanniMed takeover that could blow up the sp.
I would like to be on board with Aurora...and I would be if a court fight did not look imminent. Just too much uncertainty right now. CanniMed does not seem excited at all about this deal. And a court fight is not attractive to me unless the Aurora sp falls back considerably.
Any red flags indicating a possible large sp decline is a stronger force to me than a possilbe sp increase of unknown size based on a takeover that may or may not happen and could require much higher price tag.
Just can't swallow all the hype here....from those that may only want new investors to raise the sp so they can take their profits and wait for a new entry point....again.
I don't mind traders making profits....just not by suckering me.
I would rather wait and grab $7 shares with the certainty that this takeover is completed. Otherwise I could be left holding the bag at $3 if this deal falls apart and the market decides that all these stocks are overpriced. Just my opinions.
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