Hey Nerds: Blockchain
- Thread starter zeke
- Start date
CH1
The Artist Formerly Known as chiggins.
it's bumming me out....what I'm supposed to do for the next 9 yrs and 350 days?
CH1
The Artist Formerly Known as chiggins.
my anger is completely laughable at this point...since I'm still heavy most of the components that make up MSOS...but the anger is still real
CH1
The Artist Formerly Known as chiggins.
don't forget CURA +9%
Preston
MBow30 alt account
CH1
The Artist Formerly Known as chiggins.
When this transaction is completed in mid-February (that is the current estimate), Canopy Rivers will rename itself and go hunting for an acquisition in the U.S. But here is the best part: Jason Wild and his JW Asset Management owns 23.9% of the Canopy Rivers and will become the largest shareholder. I wrote an appreciation post of Jason and his incredible record of 25% average annual returns for twenty years here: Wild That So Few Are Following Jason Wild.
I believe Canopy Rivers is a Jason Wild SPAC without the dilutive SPAC economics. We get a sponsor who has a terrific track record, focused on the U.S., and a stock that probably trades at a discount to its net asset value. At a time when SPACs with great sponsors trade at a premium, this is strange. But with so few investors still investing in the sector, this is not too surprising.
After missing Terrascend (My big miss of 2020), I love the idea of investing alongside Jason Wild at a discount and getting a free look at a U.S. cannabis acquisition. Value investing in cannabis is alive and well.
I believe Canopy Rivers is a Jason Wild SPAC without the dilutive SPAC economics. We get a sponsor who has a terrific track record, focused on the U.S., and a stock that probably trades at a discount to its net asset value. At a time when SPACs with great sponsors trade at a premium, this is strange. But with so few investors still investing in the sector, this is not too surprising.
After missing Terrascend (My big miss of 2020), I love the idea of investing alongside Jason Wild at a discount and getting a free look at a U.S. cannabis acquisition. Value investing in cannabis is alive and well.
CH1
The Artist Formerly Known as chiggins.
That lack of action made you lose out on 20% in one day. Keep that up, genius, and you'll lose 5000% by the end of the year.
LeafOfFaith
Well-known member
It's science.