There's sooooo many contingencies in that deal...that weed company will never get sold. And Lobe's not getting cash. Their getting shares of Ignite and Ignite isn't even trading right now(one of the necessary contingencies).
Plotting my re-entry on this I talked to a financial analyst and he was telling me with private placements there can be some wiggle room in the price per share.. since the deal is private it’s hard to tell but it doesn’t seem to want to dip lower much lower. Waiting for some more volume, some nice looking reversal activity on the 15m
do you think of this price action eod yesterday and this morning could be beginning of reversal or bull trap wouldn’t mind seeing more volume still waiting for re entry