'pete' I enjoy your analysis of possible avenues for XXII's future. Your share price of $52 would certainly make many of us multiple millionaires. That Multi-millionaires thing doesn't look right in print but it sounds grand for sure.
"The proposed buyout would set me to do as I wish for the rest of my life. XXII becoming another Phillip Morris would set my descendants for life."
excellent analysis... and delightful closing statement... which i copied above just because it brings a smile to my face... always enjoy your take Pete... even when i disagree with it, which is seldom... you are spot on that a 3 billion dollar buyout would be a steal for the buyer... BTI will likely come calling if the company can be had for that amount... pure speculation on my part...
so yes... $50 a share makes me a millionaire... and sets my sites on an earlier than expected retirement goal... i could surely live with that... but the Monsantoesque outcome... if it should materialize... would be x20 (w/Mon market cap just shy of 60B)... ultimately that decision will be made by larger shareholders than ourselves... either way we win... glta...
"XXII becoming another Phillip Morris would set my descendants for life." You would be doing them no favors. What a waste, they will have no ambition. Why would you want lazy offspring. Let then earn their own self worth.
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